33100500_1 4 Belgium v Spain (Barcelona Traction) ICJ 1970 Belgian shareholders in Canadian company with investment in Spain. After Spanish courts/ authorities seized assets, Belgium sought to assert right to espouse diplomatic protection on behalf of shareholders.
Understanding the Best Interest Contract (BIC) Exemption Initially a more controversial part of the initial DOL proposal, the final rule includes a Best Interest Contract exemption that allows a financial institution to receive variable compensation.
You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy. A BIC is composed of a 4-character bank code, a 2-character country code, a 2-character location code and an optional 3-character branch code.BICs are used by financial institutions for letters of credit, payments and securities transactions and other business messages between banks. BIC is composed of a 4-character bank code, a 2-character country code, a 2-character location code and an optional 3-character branch code.