
11-07-2008, 04:07 PM
|
 |
Senior Member
|
|
Join Date: Nov 2007
Posts: 406
|
|
Quote:
Originally Posted by JMBroad
So you did - so we therefore agree that anyone investing in Brazil should arm themselves with the company and knowledge of a competent person.
If they paid the money for their investment in Europe and said investment wasn't registered with the BCB as coming from them then they didn't use a knowledgeable and competent person. They used either an incompetent or disreputable person.
Totally agree as well that receiving and reading the documents isn't enough, which is why we also have lawyers based in Brasil who check everything for us as well.
I agree therefore that you should always retain independent legal representation in whichever country you are investing in to do your own Due Diligence Checks.
Overall seems we both agree on just about everything. 
|
Hear, hear!
|