03
December
2011
How to register your stocks and securities directly
For those who seek safety and want to avoid the tricky digitalization.
Europeans are by law required to digitalize their securities before the end of 2012. The Belgium government is so anxious to be able to put its hands on more assets (which will for sure be taxed later on) that it even has decided to levy a tax for those who don't deposit their bearer securities in the banking system before the end of this year!?
Digital securities are not only extremely hazardous if CLEARING HOUSES go bankrupt (like recently happened) but can also be a dangerous TRAP (there is no place to hide) and can be avoided. At least in a lot of cases. Because of the complexity each holder need to inquire personally.