What does ME stand for?

A Fund Service Provider acting for a publicly-offered non-Jersey fund must comply with the full FSB Codes unless it is a Managed Entity acting for a non-Jersey fund "materially equivalent" to a Jersey expert fund in which case it need only comply with the core principles of the FSB Codes plus the standard conditions attached to its registration under the FS Law.

Kudos to National Bank Financial analyst Michael Smith for pumping out a report on Brookfields earnings that noted on page 13 of the supplemental financial notes, the following new phrase was added by management: We continue to consider various alternatives to establish an externally managed entity through which we can share the ownership of these assets the power assets with others on a fee-bearing basis.

The managed entity (or the entity using the leased or temporary personnel) includes in its compensation deduction salaries to the extent included in costs paid to the management, staff leasing, or temporary service company for assigned employees.

The CEA is a privately financed, publicly managed entity that offers basic residential earthquake insurance in California.

In reversing the trial judge's order on the oppression claim, the Court of Appeal made the following observations: the inability of the company to function as a jointly owned and managed entity was due to more than the conduct found to be oppressive the sale of the company's business and assets had been consensual.

To get that exemption, the fund has to be a publicly managed entity.

The CEA is a privately financed, publicly managed entity that offers basic residential earthquake insurance in California.

The CEA is a privately financed, publicly managed entity that offers basic residential earthquake insurance in California.