Related FAQ’s

What are the TAG Bankers Ltd. Group Companies ?

The TAG Bankers Group Limited. is a private banking unit, which governs TWEX Limited. and its Exchange.

What is a debt trading platform?

Our debt trading platform enables investors to trade part or whole of their debts at a price, quantity and time of their choosing.

What is KYC ?

Know Your Customer. It is the process of a business verifying the identity of its clients and assessing potential risks of illegal intentions for the business relationship.

What is AML ?

Anti Money Laundering. Anti-money laundering (AML) refers to a set of procedures, laws, and regulations designed to stop the practice of generating income through illegal actions. Though anti-money laundering laws cover a relatively limited number of transactions and criminal behaviors, their implications are far-reaching.

What is IPO ?

An initial public offering, or IPO, is the very first sale of stock (shares) issued by a company to the public.

Prior to an IPO the company is considered private, with a relatively small number of shareholders made up primarily of early investors (such as the founders, their families and friends) and professional investors (such as venture capitalists or angel investors). The public, on the other hand, consists of everybody else – any individual or institutional investor who wasn’t involved in the early days of the company and who is interested in buying shares of the company. Until a company’s stock (shares) is offered for sale to the public, the public is unable to invest in it. You can potentially approach the owners of a private company about investing, but they’re not obligated to sell you anything. Public companies, on the other hand, have sold at least a portion of their shares to the public to be traded on a stock exchange. This is why an IPO is also referred to as “going public.”

What is an IPSO ?

Initial Preferred Share Offering (IPSO) – An Initial Preferred Share Offering, also commonly referred to as an IPSO, is a fundraising mechanism in which new projects issue a specific class of shares that has no voting rights, no dividends rights and that does NOT confer the owner the rights of a shareholder.

But, it does enable the owner of said class of shares, to hold a priority rank on all assets of the company in case of winding down. Preferred shares could be compared to bonds but with a priority rank in case of default.

What is TPS ?

Abbreviation for our newly created class of debt instrument: ‘Tokenized Preferred Share‘ that holds the first lien on all assets of the issuer and that get paid above all other parties in case of bankruptcy.

What is FCA & ECB?

The ‘Financial Conducts Authority’, is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry.

The ‘European Central Bank’, The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency. The ECB is an official EU institution at the heart of the Eurosystem as well as the Single Supervisory Mechanism for banking supervision. Their mission is to serve the people of Europe by safeguarding the value of the euro and maintaining price stability.

What is SEC ?

The ‘Securities Exchange Commission’, which is the US version of the FCA or the South African version of the FSB (Financial Services Board). It is an independent federal government agency responsible for protecting investors, maintaining fair and orderly functioning of securities markets and facilitating capital formation.

What is Blockchain ?

[Blockchain] is to Bitcoin, what the internet is to email. A big electronic system, on top of which you can build applications. Currency is just one of them. IN essence, it’s a platform just like the internet is for email and websites.”

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