“Create wealth with mutual collaboration” and footprints in :
Private Placement Programs (PPP)
When receiving large sums of money from a Private Placement Program or from another source, our clientsrequire someone to handle the payments before it reaches their banks. Instead of hiring someone full time to cover such matters, our clientsare much better served by using Europlaw Group which has plenty of experience and has an existing infrastructure for distributing large payments. When dealing with such large transactions, it is crucial that everything gets handled professionally.
At Europlaw Group, this is precisely what we do best. Europlaw Group takes large, Private Placement Programs, unique transactions and disburses them similarly to an escrow tailored specifically for you or your business. Europlaw Group has an entire team of experts on hand to ensure that your payments are received properly and legally. This makes Europlaw Group THE PERFECT alternative to escrows. Not only will Europlaw Groupwork directly with you to fill your specific needs, but Europlaw Groupwill also charge you much less for our paymaster services than most escrow services. Furthermore, Europlaw Group does not charge any registration fees for our paymaster services, allowing you to sign up for free. The net effect is more of your money staying with you rather than getting spent on fees.
Our evolution comes from years of experience in the above fields of expertise, as there are very few industries more challenging than the business of Bank Guarantees and Financial Instruments, Bonds, Platform Trading, Private Placement Programs and Project Funding.
Our International Experience As Paymasters
We are experienced enough in paymaster services to know that this is not the place for the proverbial “one man band”. In light thereof, we have established a worldwide footprint with offices in the United Kingdom, United Arab Emirates, United States of America, Republic of South Africa, Republic of Mauritius, Australia and Federal Republic of Nigeria. There is a worldwide team of dedicated professionals at the disposal of our clients on a 24-hour international basis.
Our International Responsibility
Europlaw Group provides paymaster services to international private individuals, corporate entities, private placement programs and listed organisations that require trustworthy disbursements of payments, dividends, and commissions for large transactions of currencies, bank guarantees, MTN’s, gold, oil, gas, platinum, T-Strips, and other instruments.
Europlaw Group, Inc. serves as its independent paymaster services arm, providing escrow, private placement programs, fiduciary services, law of contract, private placement programs, international legal advisory and business law services to our clients. EuroplawGroup specializes in project management and escrow services for complex single payer transactions requiring disbursements to multiple sellers, counterparties, agents, service providers and sub-contractors.
Our International Procedures / Operations
As your international appointed paymaster, Europlaw Group shall act as an independent and neutral third party at all times.
Our client’s dividends and commissions will be securely deposited into Europlaw Group’sescrow account, which will bedistributed without delay and in exact accordance with the stipulated terms and conditions entered between the client and Europlaw Group. Unlike many other firms, EuroplawGroup will also maintain a separate Euro currency account so that you won’t be charged any unnecessary currency conversion fees if your dividends and or commissions are received and distributed in Euro currency.
Our International Footprint And Offering
Europlaw Group could have easily performed such paymaster services and escrow services in both the United Kingdom and the Republic of South Africa, if it were not for exceedingly complicated exchange control regulations and cumbersome banking procedures to receive and pay-out project-related funds for international projects requiring foreign currencies. For these reasons, Europlaw Group chose to provide a safe, efficient and secure payment system to its international clientele from both its United Kingdom and Republic of South Africa bases, but with a Mauritius-based foreign currency receipt and settlement platform involving a special trust which it settled in Mauritius called EUROPLAW GROUP TRUST and structured as follows.
- Custodian Trustee
- Managing Trustee
The Trust has established relationships in the Republic of Mauritius, principally with private banks in Mauritius which have an extensive network of correspondent banks and custodians around the world.
Payment Processing From A Mauritius-Based Payment Platform
All payment instructions emanate with the written instructions of the Managing Trustee addressed to the Custodian Trustee who then executes the orders after approval by the Protector of the Trust.
Custodian Trustee (Co-Trustees)
The appointed trustee company is a licensed trust company which is regulated by the Mauritius Financial Services Commission.
Managing Trustee (Co-Trustees)
Europlaw Group, Inc. retains its full escrow/fiduciary oversight over the projects and project-related disbursements.
Role Of The Enforcer Of The Trust
In accordance with section 8(2) of the Mauritius Trust Act 2001, a settlor “may also be a trustee, beneficiary, protector or enforcer” in his capacity as a senior partner of Europlaw Group, Inc. and serving as the first Enforcer of the Trust.
In accordance with Section 21 of the Mauritius Trust Act 2001, the Enforcer has the legal responsibility and the capacity to enforce the trust in accordance with its terms and purposes and to appoint a successor.
Section 21(4) further states that an enforcer shall not place himself in a position which may conflict with his duties to enforce the purposes of the trust; derive directly or indirectly any profit by reason of his appointment other than any reasonable fee for his service and for any reasonable expenses which he may have incurred in the discharge of his duties; or enter on his own account into any dealing with the trustee of the purpose trust or in relation to the trust property of the purpose trust of which he is an enforcer.
The enforcer must be provided, in addition with any documents, accounts or other information required under the Declaration of Trust, with the annual audited accounts; copies of the trust instrument setting up the purpose trust and any deed, or documents referred to in the instrument; and legal opinions and advice received by the trustees. The resignation of an enforcer does not release the enforcer from any liability in relation to the trust arising before his resignation.
Role Of The Protector Of The Trust
A structured finance expert serves the function of Protector of the Trust.
In accordance with Section 21 of the Trust Act 2001, the Protector function is to advise the trustee of the Trust, and with such powers as was conferred by the Declaration of Trust. In this case the protector must approve all disbursements the Custodian Trustee makes. Theexercise by the trustees of any of their powers and discretions are subject to the prior consent of the Protector.
The Protector in this case may: (a) to remove a trustee and appoint a new or additional trustees; (b) determine the law of which jurisdiction shall be the proper law of the trust; (c) change the forum of administration of the trust; and/or (d) withhold consent from specified actions of the trustees either conditionally or unconditionally.