Related party

JGS understands the rules

Dealing with related parties can be complicated and confusing for investors. It's important that investors understand who or what forms a related party as there are certain limitations on the size of investments organisations or people can have with related parties, as well as the types of transactions that may exist between them.

What is a related party transaction?

"A business deal or arrangement between two parties who are joined by a special relationship prior to the deal."

Such a deal would be, for instance, a business transaction between a major shareholder of a corporation and the corporation itself. An example would be a contract for the shareholder's company to perform renovations to the corporation's offices. This would be considered a related party transaction.

JGS possesses a deep knowledge of the legislative and regulatory requirements for such dealings and can advise clients of what is  and is not  possible or advisable.