VANCOUVER, April 25, 2017 /CNW/ - Fineqia International Inc. (the "Company" or "Fineqia") (CSE: FNQ) (OTCPink: FNQQF) (Frankfurt: FNQA) has announced the appointment of London based law firm Nabarro LLP ("Nabarro") as the legal advisers for its UK subsidiary, Fineqia Limited.
Nabarro, one of the UK's leading commercial law firms, is presently undergoing a transformative merger with CMS UK and Olswang LLP to form CMS Cameron McKenna Nabarro Olswang LLP, effective May 1 2017. The merged firm will be the world's sixth largest law firm by head count and sixth largest in the UK by revenue.
Nabarro (and subsequently the merged firm) will work with Fineqia Limited and any of their third party service providers in relation to the structuring of the crowdfunding platform, debt and equity placements as well as all legal matters related to client on-boarding and compliance.
"Nabarro's recent merger with fellow legal leaders CMS and Olswang, show us its commitment to provide its clients with the best and broadest legal experience possible," said Fineqia CEO Bundeep Singh Rangar. "Nabarro's world-class standard, global perspective and innovative thinking gives us a lot of confidence in appointing the firm as our legal advisers."
Sam Robinson, Nabarro's head of Financial Services Regulation said, "We're proud Fineqia Limited has appointed us as their legal advisers. Their work in opening up financial management via crowdfunding platforms is at the forefront of the market. We're really pleased to be able to support them."
Nabarro's transformative merger is the largest in the UK legal services market on record. With Nabarro, CMS and Olswang combined, the new entity will constitute 4,500 lawyers in 38 countries worldwide, with combined revenue of approximately £450 million (C$778.1 million) in the UK along with revenue well in excess of €1.2 billion (C$1.74 billion) globally.
About Fineqia International Inc
Fineqia International Inc.'s business model is to provide an online platform and associated services for the placement of debt and equity securities, initially in the UK, via its subsidiary, Fineqia Limited. The platform will transparently highlight the risks and objectively outline opportunities involved. For more information, visit www.fineqia.com.
About Nabarro LLP
Nabarro is a leading international commercial law firm with headquarters in London and offices in Manchester, Sheffield, Brussels, Dubai and Singapore. The firm is a limited liability partnership (or LLP) incorporated under English law. Nabarro LLP is authorised and regulated by the Solicitors Regulation Authority, the governing body for solicitors in England and Wales. For more information, visit www.nabarro.com.
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATORY SERVICE PROVIDER HAS REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
Some statements in this release may contain forward-looking information. All statements, other than of historical fact that address activities, events or developments that Fineqia ("the Company") believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential acquisitions and financings) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, the inability of the Company to complete the Change of Business, failure to obtain sufficient financing, and other risks disclosed in the Company's public disclosure record on file with the relevant securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made except as may be required by applicable securities laws. The Company disclaims any intent or obligation to update any forward-looking statement.
SOURCE Fineqia International Inc.