WP FINAL 221018 SPREADS F - Flipbook - Page 1
The Team and Founders will have a lock up of up to 24 months, whereby they can distribute up to 1/24th
each month over a two year period.
• Board Responsibilities – directors, non-executive directors, fiduciary and MLRO
How the Funds will be Used
• Accountability Requirements
This is how Tokenise will use the funds to build the Tokenise platform:
• Risk & Audit Committee
Bounty
Technology &
Development
Team &
Founders
20%
15%
We have developed our in-house business standards and enhanced our policies and procedures based in
line with our compliance manual at Kession, as well as our policies and procedures manual to encompass:
• Processes & Procedures
5%
• Complaints
Token Sale
30%
• Remuneration
• Reporting
Compliance
12%
• Regulations
Reserve
• Investors
30%
Legal
Community
20%
15%
Roadmap to Tokenise
July 2012
June 2015
Q3 2017
Q3 2018
Q1 2019
Q4 2019
Kession given FCA
regulatory approval
Swiss Stock Exchange
comes under Kession
umbrella
A tokenised securities
platform is devised
Establish relationships
and apply for licenses of
two international stock
exchanges
Begin listings on
international tokenised
stock exchanges
International co-operation
agreements with existing
exchanges
Corporate Governance
Description
Leadership
Directors / Officers shall lead with the intent of meeting the business purpose and
objectives of the white paper in both the short and long term.
Ethics, honesty and integrity
Directors / Officers shall ensure that the business is conducted in an ethical, fair and
transparent manner. The Directors / Officers shall act with honesty and integrity.
Capability
July 2013
Feb 2016
Q3 2018
Q4 2018
Q3 2019
Squareknot Crowdfunding
comes under Kession
umbrella
Kession becomes a
Listing Member of
the Gibraltar Stock
Exchange
Tokenise token
offering
Launch of Tokenise
platform in the UK
Create a fully automated,
regulatory compliant
listing service in each
country we operate in
Directors / Officers shall have an appropriate mix of knowledge, skills, qualifications
and experience to enable them to discharge their duties and responsibilities
effectively.
Directors / Officers shall guide the business to create value and allocate it fairly
Sustainability
and sustainably to ensure that adequate financial and non-financial resources are
maintained for all stakeholders.
Corporate Governance
Directors / Officers shall be accountable, and shall communicate to stakeholders at
Accountability
Corporate governance refers to the structures and processes in place to direct and control companies,
including relationships between stakeholders, oversight and supervision of the company, the rights of
investors, risk mitigation and ethical behaviour. It is intended to increase the company’s accountability and
transparency, to mitigate the risks of disasters to the company and to clearly define a company’s decisionmaking process. We take our responsibilities very seriously and have robust policies and procedures in place
to uphold our standards and achieve our business strategy
TK038 V001
regular intervals a fair and balanced assessment of how the business is achieving its
purpose and objectives.
Directors / Officers shall ensure that they upload and protect the interests of the
Community
stakeholders in the business, and safeguard the reputation and integrity of the
company and the community.
35