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Enron Mail |
Dave,
We've had meeting today to discuss jurisdictions that we want to get up and running on EOL for seafreight derivatives. The result is as follows: 1. Conduct the quick follow-up derivatives due diligence for the existing EOL countries. 2. Commence internet regulatory, tax and derivatives due diligence for the following countries: Greece Israel Turkey 3. In addition we would like to add Hong Kong. Mark may have already started this in Houston(?). Let me know if you are happy wish this and I will set the ball rolling. I will also advise if we wish to look at further jurisdictions. Regards, Edmund Robert Quick@ECT 06/14/2000 01:36 PM To: Amita Gosalia/LON/ECT@ECT, David Forster/Corp/Enron@Enron cc: Edmund Cooper/LON/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Pierre Aury/LON/ECT@ECT, Chris Connelly/LON/ECT@ECT Subject: freight derivatives - EOL I have trawled through the list of jurisdictions of potential counterparties to the freight swaps/options. A list Norway Denmark Germany Switzerland UK Belgium France Netherlands Singapore Australia We have already done full EOL due diligence on the above jurisdictions. The only issue which we wd just need to cover is whether for regulatory purposes freight is treated as a commodity. We shd be able to get answers on that issue quickly. B list Turkey Taiwan Japan Argentina Israel Gibraltar S. Korea We do not have much on the above jurisdictions here although Mark T may have done some due diligence on the non- European, non-middle eastern countries. Do you want us to undertake full due diligence on these? C list Liberia Panama Cayman Isl BVI Bermuda Bahamas BWI I understand that decisions may have already been made not to include entities incorporated into these jurisdictions, because of money laundering issues, lack of corporate transparency etc. Cd this be confirmed. Many thanks Robert
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