European Financial Stability Facility

The fiscal impact of financial sector support measures 15 years after the great financial crisis

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Friday, September 29, 2023
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Luis de Guindos: Banking Union and Capital Markets Union: high time to move on

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Monday, June 19, 2023
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Luis de Guindos: Towards a stronger non-bank financial sector

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Saturday, May 27, 2023
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RevoluGROUP Canada Inc. and Suitor Agree to Suspend Equity Investment Negotiations due to Augmented Professional Commitments of Mr. Marshall

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Monday, April 24, 2023
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An untenable workload to which Mr. Marshall is currently subjected has resulted in an urgent director's resolution dated April 21st.

Key Points: 
  • An untenable workload to which Mr. Marshall is currently subjected has resulted in an urgent director's resolution dated April 21st.
  • Commencing March 17th, 2023, Mr. Marshall has struggled to combine a typical intense workload with augmented requirements emanating from Canadian capital markets regulators.
  • Faced with the above-unexpected reality, all parties agreed to suspend the equity investment negotiations for an initial term of up to one month ending at midnight on May 23rd, 2023.
  • The suspension period shall be subject to an automatic extension unless the underlying motives for Mr. Marshall's unavailability remain unchanged.

RevoluGROUP Canada Inc. Suitor Agrees Maximum Term of Midnight April 18th 2023 for Equity Investment

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Monday, April 3, 2023
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Per the corporate news release dated 20 th of March, 2023 , the Company informed shareholders of the unanticipated situation of the Equity Investment suitor exposure to the failure of the US financial institutions Silvergate and Signature Banks.

Key Points: 
  • Per the corporate news release dated 20 th of March, 2023 , the Company informed shareholders of the unanticipated situation of the Equity Investment suitor exposure to the failure of the US financial institutions Silvergate and Signature Banks.
  • In today's new addendum, the suitor confirms that exposure to Silvergate has proven minimal and without consequence.
  • Opportunely, the addendum reiterates the suitor's continued obligation to conclude the Equity Investment promptly with RevoluGROUP.
  • Conclusively, per the most recent addendum, the investment proposal is expected to culminate on or before midnight on April 18th, 2023.

RevoluGROUP Canada Inc. Equity Investment Suitor Adjusts Timeline Reaffirming Commitment

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Monday, March 20, 2023
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Opportunely, the addendum reiterates that despite the consequences of the unfortunate failure of the US financial institutions Silvergate and Signature Banks, the suitor remains wholly committed to concluding the Equity Investment promptly with RevoluGROUP.

Key Points: 
  • Opportunely, the addendum reiterates that despite the consequences of the unfortunate failure of the US financial institutions Silvergate and Signature Banks, the suitor remains wholly committed to concluding the Equity Investment promptly with RevoluGROUP.
  • Additionally, the suitors confirmed that the pending final EU transactional compliance approval was, in effect, granted on March 15th, 2023.
  • Conclusively, per the most recent addendum, the investment proposal is expected to culminate on or before midnight on April 3rd, 2023.
  • Even so, the Company restates there can still be no assurance that any definitive agreement, tender, or investment will be completed.

RevoluGROUP Canada Inc. Equity Investment Suitor Gets EU Regulatory Approval

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Thursday, March 9, 2023
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Said addendum brings into current perspective the mutual regulatory and compliance advances regarding the share equity acquisition by a European Financially Regulated entity allied to a UAE Based Financial Consultancy firm.

Key Points: 
  • Said addendum brings into current perspective the mutual regulatory and compliance advances regarding the share equity acquisition by a European Financially Regulated entity allied to a UAE Based Financial Consultancy firm.
  • Further to the news release dated 22 nd of February, 2023 , today's second signed contractual addendum outlines the progressive nature of the suitors as a European Financially Regulated entity, having sought and obtained primary EU regulatory transaction approval.
  • Shareholders will remain closely informed about the final step of suitor E.U.
  • transactional compliance approval, which in management's opinion, is the final required step before management can submit to shareholders the entire equity investment terms and disclose the European Financially Regulated acquirers.

RevoluGROUP Canada Inc. Equity Investment Reaches Final Stages

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Wednesday, February 22, 2023
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The signed contractual addendum outlines the progressive nature and effective fulfillment by RevoluGROUP management of the deemed Canadian regulatory obligations regarding the proposed equity investment.

Key Points: 
  • The signed contractual addendum outlines the progressive nature and effective fulfillment by RevoluGROUP management of the deemed Canadian regulatory obligations regarding the proposed equity investment.
  • TSX.V – The Company sought the TSX Venture Exchange's preliminary endorsement of the proposed equity investment terms.
  • We are pleased to confirm that the TSX Venture Exchange has no objections to the proposed equity investment terms.
  • regulatory approval, which in management's opinion, is the final required step before management can submit to shareholders the entire equity investment terms and disclose the European Financially Regulated acquirers.

RevoluGROUP Canada Inc. RevoluSEND and RevoluTRANSFER Continued International Expansion

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Monday, January 23, 2023
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Vancouver, BC, Jan. 23, 2023 (GLOBE NEWSWIRE) -- RevoluGROUP Canada Inc. (TSX-V: REVO ), (Frankfurt: IJA2 ), (Munich: A2PU92 ), (the "Company") is pleased to announce that the Company continues its aggressive international expansion with RevoluSEND now serving 133 Countries and RevoluTRANSFER 103.

Key Points: 
  • Vancouver, BC, Jan. 23, 2023 (GLOBE NEWSWIRE) -- RevoluGROUP Canada Inc. (TSX-V: REVO ), (Frankfurt: IJA2 ), (Munich: A2PU92 ), (the "Company") is pleased to announce that the Company continues its aggressive international expansion with RevoluSEND now serving 133 Countries and RevoluTRANSFER 103.
  • Further enhancements include the deployment of SEPA INSTANT across both platforms.
  • On August 22 nd , 2022 , the Company launched the RevoluTRANSFER revenue vertical permitting instant worldwide transfers to 76 countries of up to 3 million EUR or the foreign currency equivalent.
  • Management will ensure shareholders remain closely informed of the ongoing progress and developments.

RevoluGROUP Canada Inc. Signs Binding Equity Investment MOU

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Friday, January 6, 2023
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The MOU was approved and signed by all parties on January 5th, 2023.

Key Points: 
  • The MOU was approved and signed by all parties on January 5th, 2023.
  • The MOU outlines a defined roadmap and chronology toward the successful and prompt conclusion of the underlying agreed and now binding terms of the equity investment.
  • Said blackout will remain effective until a formal, publicly disseminated outcome of this anticipated equity investment is issued.
  • While the proposed transaction negotiations now include a binding obligation between the parties, there can be no assurance that any definitive agreement, tender, or investment will be completed.