[e-gold-list] Re: KvK Chamber of Commerce
Frank, Thank you for your reply. I was not suggesting for one moment that there was anything amiss with your business, but was actually asking a more general question about licensing for Market Makers in various jurisdictions. In most countries (maybe not the Netherlands?) a license from some financial supervisory authority such as the National Bank is required to operate a currency exchange business exchanging say dollars to guilders, and also to buy and sell gold. I was wondering if the same rules applied to e-gold exchange businesses. As an aside, I do agree that the system you describe in Holland sounds pretty effective - based on what you say, and compared my experiences of it 4 or 5 years ago, it has obviously been tightened up a lot in the last few years. I have personally opened bank accounts in the Netherlands and nobody asked me any questions. If the ISP even checks for compliance with the law, maybe that's going a bit too far... I also concur with Julian Morrison that the system basically demands a caveat emptor approach. E-gold don't have any direct control over MMs, and neither is it desirable that they should have. Just as not every business that exchanges dollars has to be approved by the Federal Reserve. I guess what you say about picture IDs etc applies to MMs listed on the official e-gold site, but I know there are many MMs who are not official. The coconutgold.com site for example states: Coconut Gold Offshore is utterly independent of e-gold®, GSR, and related entities. In fact Coconut is probably THE most independent of the market makers. We have absolutely NOTHING to do with e-gold® / GSR and don't even get stock from them. We are utterly independent. And I know Coconut Gold has a first class reputation. Anyway I think it is great that there is a free market, but in a free market people must be able to make informed decisions. E-gold relies very much on people's trust in the system... I mean how many people really check whether the gold exists at JPMorgan or in Dubai or wherever... and I think it's disappointing from that point of view that they have apparently been slow to react to obvious scams like e-qold and flat rate gold. Best, offshoresurfer - Original Message - From: Frank Zuchristian [EMAIL PROTECTED] To: [EMAIL PROTECTED]; e-gold Discussion [EMAIL PROTECTED] Sent: 28 April 2001 09:49 Subject: Re: [e-gold-list] Re: KvK Chamber of Commerce Dear offshore surfer, The Kamer van Koophandel (Chamber of Commerce) in the Netherlands is diferrent than in most countries that I have been in. They are not just a collector of fees and forms (though they do that too). They are in fact proactive, we had to make adjustments to both the paperwork and the site to meet their requirements. Furthermore, you cannot get a tax number (see our about us page) without being registered. The banks, in the Netherland, not only will not open a business account with it, but will delve deeper than that, as they are very concerned about any activity that might damage their reuputations. Our ISP is based in the Netherlands, once again, not only did we have to submit the proper registrations, but also, they view the site for compliance with Dutch law. This cost us many meetings, and elapsed time of about a month before we could legitimately open our doors for business. Though painful, at the time, we AGREE with those policies. We have taken this a step further, by placing their logo and a link to their site (it is also in English) at the top of our entry page. We are not required to do so, nor was it suggested that we do. However, we take our responsibility, in the handling of financial transactions or others very seriously. Our about us page gives you all the details, including telephone numbers, which will be answered by us, or overnight by our computer. We have started a private group at Yahoo, for the benefit of our clients. The first posting includes links, that our clients can use to educate themselves on how to spot a possible scam or fraud operation. When we hear of one we post for the benefit of our clients. We also post virus warnings, e-gold related matters and news regarding our srvices (ie additions, changes, bank holdiays). All new clients are invited to join. E-gold requires documentation of MM's, included in that is a picture ID, and they also view the site before adding a potential MM to the list. I think that you will find, these are isolated incidents, regretable as they are, but that MM's on the whole act responsibly and are cognizant of their responsibilities. The MM's are currently forming an Alliance which, hopefully will address some of these concerns. You must understand, that being spread out all over the world, this is a very difficult task. MM's have also put up monies to try to locate and stop scammers, we want them off the net. Hopefully, this has answered your questions, if not please
[e-gold-list] Re: KvK Chamber of Commerce
Dear offshore surfer, The Kamer van Koophandel (Chamber of Commerce) in the Netherlands is diferrent than in most countries that I have been in. They are not just a collector of fees and forms (though they do that too). They are in fact proactive, we had to make adjustments to both the paperwork and the site to meet their requirements. Furthermore, you cannot get a tax number (see our about us page) without being registered. The banks, in the Netherland, not only will not open a business account with it, but will delve deeper than that, as they are very concerned about any activity that might damage their reuputations. Our ISP is based in the Netherlands, once again, not only did we have to submit the proper registrations, but also, they view the site for compliance with Dutch law. This cost us many meetings, and elapsed time of about a month before we could legitimately open our doors for business. Though painful, at the time, we AGREE with those policies. We have taken this a step further, by placing their logo and a link to their site (it is also in English) at the top of our entry page. We are not required to do so, nor was it suggested that we do. However, we take our responsibility, in the handling of financial transactions or others very seriously. Our about us page gives you all the details, including telephone numbers, which will be answered by us, or overnight by our computer. We have started a private group at Yahoo, for the benefit of our clients. The first posting includes links, that our clients can use to educate themselves on how to spot a possible scam or fraud operation. When we hear of one we post for the benefit of our clients. We also post virus warnings, e-gold related matters and news regarding our srvices (ie additions, changes, bank holdiays). All new clients are invited to join. E-gold requires documentation of MM's, included in that is a picture ID, and they also view the site before adding a potential MM to the list. I think that you will find, these are isolated incidents, regretable as they are, but that MM's on the whole act responsibly and are cognizant of their responsibilities. The MM's are currently forming an Alliance which, hopefully will address some of these concerns. You must understand, that being spread out all over the world, this is a very difficult task. MM's have also put up monies to try to locate and stop scammers, we want them off the net. Hopefully, this has answered your questions, if not please feel free to email or call me on the listed numbers. Thank you, Frank EuroGoldLine Admin http://www.eurogoldline.nl --- [EMAIL PROTECTED] wrote: Do e-gold MMs require licensing in the way that regular change offices/cambios do? I seem to remember seeing something about this on the e-gold site a while back... AFAIK the Chamber of Commerce thing is just a company registration which anyone can get just by filling in a few forms? offshoresurfer - Original Message - From: Frank Zuchristian [EMAIL PROTECTED] To: e-gold Discussion [EMAIL PROTECTED] Sent: 27 April 2001 10:36 Subject: [e-gold-list] Re: Flatrategold. EuroGoldLine , like many of the other MM's also posts their information plainly on their pages. We take it a step further by providing and independent link to verify with the KvK (Chamber of Commerce) which regulates us. Our providor also requires and checks all of this information. Thank you EuroGoldLine Admin --- Vince Callaway [EMAIL PROTECTED] wrote: For my own curiosity I did a couple of lookups on flatrate gold. Using the tools that I use to validate users I came up with the following: Domain registration: Administrative Contact: Collins, DuPree [EMAIL PROTECTED] 2819-112 Street Suite #304E Edmonton, Alberta T6J 4M3 CA 780-988-9077 The phone number is listed to: I Kutzner 4616 106a St NW 901 Edmonton, AB T6H 5J5 The website is hosted by virtualave.net which is a free hosting site. Anyone can go in and signup, no info required. I did a search in canada and there are no listings for DuPree Collins, but there are about 50 D Collins. In contrast it takes about 2 seconds to get my home address and phone number, plus I list my office address on my website with a map. Draw your own conclusions. --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] = What, you don't have an e-gold account? Get it here, FREE http://www.e-gold.com/e-gold.asp?cid=139538 Need to manage your e-gold account? Compare our rates. Serving Europe, but available WORLDWIDE! http://www.eurogoldline.nl Check out our other site http://www.AAAloha.com __ Do You Yahoo!? Yahoo! Auctions - buy the
[e-gold-list] Re: KvK Chamber of Commerce
Excellent Frankvery well presented. Kind regards, [EMAIL PROTECTED] http://www.gold-today.com Sign up with e-gold today and get grams of e-gold here. https://www.e-gold.com/newacct/newaccount.asp?cid=129542 Sign up with osgold and get an osgold account today http://www.osgold.com/index.php?id=1008 subscribe to the gold-today discussion group at http://groups.yahoo.com/group/goldtoday - Original Message - From: Frank Zuchristian [EMAIL PROTECTED] To: e-gold Discussion [EMAIL PROTECTED] Sent: Saturday, April 28, 2001 5:49 PM Subject: [e-gold-list] Re: KvK Chamber of Commerce Dear offshore surfer, The Kamer van Koophandel (Chamber of Commerce) in the Netherlands is diferrent than in most countries that I have been in. They are not just a collector of fees and forms (though they do that too). They are in fact proactive, we had to make adjustments to both the paperwork and the site to meet their requirements. Furthermore, you cannot get a tax number (see our about us page) without being registered. The banks, in the Netherland, not only will not open a business account with it, but will delve deeper than that, as they are very concerned about any activity that might damage their reuputations. Our ISP is based in the Netherlands, once again, not only did we have to submit the proper registrations, but also, they view the site for compliance with Dutch law. This cost us many meetings, and elapsed time of about a month before we could legitimately open our doors for business. Though painful, at the time, we AGREE with those policies. We have taken this a step further, by placing their logo and a link to their site (it is also in English) at the top of our entry page. We are not required to do so, nor was it suggested that we do. However, we take our responsibility, in the handling of financial transactions or others very seriously. Our about us page gives you all the details, including telephone numbers, which will be answered by us, or overnight by our computer. We have started a private group at Yahoo, for the benefit of our clients. The first posting includes links, that our clients can use to educate themselves on how to spot a possible scam or fraud operation. When we hear of one we post for the benefit of our clients. We also post virus warnings, e-gold related matters and news regarding our srvices (ie additions, changes, bank holdiays). All new clients are invited to join. E-gold requires documentation of MM's, included in that is a picture ID, and they also view the site before adding a potential MM to the list. I think that you will find, these are isolated incidents, regretable as they are, but that MM's on the whole act responsibly and are cognizant of their responsibilities. The MM's are currently forming an Alliance which, hopefully will address some of these concerns. You must understand, that being spread out all over the world, this is a very difficult task. MM's have also put up monies to try to locate and stop scammers, we want them off the net. Hopefully, this has answered your questions, if not please feel free to email or call me on the listed numbers. Thank you, Frank EuroGoldLine Admin http://www.eurogoldline.nl --- [EMAIL PROTECTED] wrote: Do e-gold MMs require licensing in the way that regular change offices/cambios do? I seem to remember seeing something about this on the e-gold site a while back... AFAIK the Chamber of Commerce thing is just a company registration which anyone can get just by filling in a few forms? offshoresurfer - Original Message - From: Frank Zuchristian [EMAIL PROTECTED] To: e-gold Discussion [EMAIL PROTECTED] Sent: 27 April 2001 10:36 Subject: [e-gold-list] Re: Flatrategold. EuroGoldLine , like many of the other MM's also posts their information plainly on their pages. We take it a step further by providing and independent link to verify with the KvK (Chamber of Commerce) which regulates us. Our providor also requires and checks all of this information. Thank you EuroGoldLine Admin --- Vince Callaway [EMAIL PROTECTED] wrote: For my own curiosity I did a couple of lookups on flatrate gold. Using the tools that I use to validate users I came up with the following: Domain registration: Administrative Contact: Collins, DuPree [EMAIL PROTECTED] 2819-112 Street Suite #304E Edmonton, Alberta T6J 4M3 CA 780-988-9077 The phone number is listed to: I Kutzner 4616 106a St NW 901 Edmonton, AB T6H 5J5 The website is hosted by virtualave.net which is a free hosting site. Anyone can go in and signup, no info required. I did a search in canada and there are no listings for DuPree Collins, but there are about 50 D Collins
