Yesterday, the annual meeting of the World Federation of Investors (WFI) and a congress of the International Financial Litigation Network (IFLN) began at the Representation of the European Commission in Madrid. The two-day conference is organized also by the Spanish Investor Association (AEMEC), International Law Firms Network (EURO-LATAM LEX), and one of the most influential Spanish law firms, Cremades & Calvo-Sotelo; the European Federation of Investors and Financial Services Users (Better Finance) and the World Jurist Association (WJA) also participated in its preparation.
The introductory speeches were held by Mrs. Benita Ferrero-Waldner, the President of the organizational committee and a former European Commissioner, Mr. Javier Cremades, Chairman of the IFLN, AEMEC Secretary General and co-founder of Cremades & Calvo-Sotelo, Mr. Roger Ganser, WFI Chairman, Mr. Enrique Ruiz Escudero, representative of the Community of Madrid and Mr. Juan Luis Ballesteros, the European Commission representative in Spain.
The conference is being attended by over 150 prominent participants from Europe, USA and Latin America, Asia and Africa. The PanSlovenian Investors` & Shareholders` Association (VZMD) President and Better Finance's Board member, Mr. Kristjan Verbič, is also attending the important event and meetings.
The panels and presentations are addressing numerous topics and concrete examples. One such example are actions for compensation filed by investors against Volkswagen; the VZMD calls on all those affected to join the proceedings run by a partner associations from Germany, Austria, Netherlands and USA (APPLICATION AT: https://www.stichtingvolkswageninvestorsclaim.com/en/vzmd-panslovenian-shareholders-association).
The effects of the crisis on shareholders and bondholders, as well as on holders of savings accounts, were also discussed, focusing primarily on the cases of Abengoa, Banca Privada de Andorra, Banco de Madrid and Bank of Kazahkstan. As in previous meetings, the participants have shown interest in the development of events regarding the expropriation in Slovenian banks, actively presented by Mr. Verbič.
In addition to the ones mentioned, other panels with various topics, such as minority shareholders and the evaluation of securities in the event of takeover bids, transactions between connected persons and conflict of interests, "What has remained of the Spanish saving funds in the Spanish financial systems?", the effect of digitalization on the financial industry and numerous others, arr also taking place.
Following today's conference conclusion, the WFI's and the IFLN's general meetings will be held.
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"Slovenian Day at the Warsaw Stock Exchange (WSE)" Exceptional Interest of Funds, Investors, and the Financial Media for Slovenian Companies and Its Investment Environment - The Introduction of investo.si - Invest to Slovenia's Newly Founded Affiliate, investo.me - Invest to Montenegro (Warsaw, October 2011)
www.vzmd.si – More on the VZMD – PanSlovenian Shareholders' Association
www.vzmd.tv and www.investo.tv – Over 300 videos from VZMD.TV and investo.tv
www.investo.si – More on the investo.si – Invest to Slovenia Program
www.investo.international – More on the network of 55 national organizations of shareholders and investors
