Provision of securities products in Chad without physical presence
Ken Felepchuk
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Shutterstock
Chad
We advised a Canadian bank on Chadian securities law. The bank did not want a physical presence in Chad, but wanted to provide service to Chadians. To help solve this issue, we advised on the legality of accepting unsolicited requests from Chadians for transacting in their Canadian securities account remotely, as well as on the legality of providing discretionary trading services to Chadian clients.