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The Federal Recon Investment Authority (CFOR Only)

A meeting place where national storefronts can tout their wares and discuss trade. [In character]
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Dou Boux
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Founded: Oct 10, 2015
Inoffensive Centrist Democracy

The Federal Recon Investment Authority (CFOR Only)

Postby Dou Boux » Sat Aug 26, 2017 3:27 am

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Welcome to The Federal Recon Investment Authority

Last edited by Dou Boux on Mon Nov 20, 2017 7:39 am, edited 17 times in total.

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Dou Boux
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Postby Dou Boux » Sat Aug 26, 2017 3:28 am

About Us


The Federal Recon Investment Authority (FRIA) is the sovereign wealth fund of The Crown Federation of Recon. Situated in Los Bouxiana, Dou Boux, its sole shareholder is Empress Joan of The Crown Federation of Recon, but it is managed by a Board of Directors, including Sir Francis Hopkins, the Chairman.

Founded on the 1st of August 2017, by Royal Charter, FRIA is one of the largest regional investment authorities in the world, with an annual budget of over NS$265 billion per year (NS$90 billion as an operational budget, and NS$175 billion as a spending budget), and over 1 000 000 direct employees. However, this amount is likely to increase in the future as the market share of The FRIA increases.

FRIA is funded by The Federal Office of Appropriations & Budget, a Federal Agency of The Crown Federation of Recon, using revenues from the region. FRIA then invests that revenue in various assets and holdings (real estate, commodities, equities, financial holdings, stocks and bonds, etc.), and returns all dividends to its sole shareholder, The Empress of The Crown Federation of Recon. The funds are then distributed The Federal Office of Appropriations & Budget for the benefit of the entire region as a whole.

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The Obelisk
17 Winthrop Drive,
Northston,
Los Bouxiana,
Dou Boux

(Headquarters of The Federal Recon Investment Authority)
Last edited by Dou Boux on Sat Oct 14, 2017 4:19 am, edited 6 times in total.

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Dou Boux
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Posts: 105
Founded: Oct 10, 2015
Inoffensive Centrist Democracy

Postby Dou Boux » Sat Aug 26, 2017 4:50 am

Directors & Executives


The Board of Directors (otherwise known as The Executive Management Team) of the Federal Recon Investment Authority is made up of a Chairman and three Vice-Chairman.

Sir Francis Hopkins : Executive Chairman

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Sir Francis Hopkins, KOL (Dou Boux), is the incumbent Executive Chairman of the Federal Recon Investment Authority. He is an old hand in the financial industry, having served as Chief Executive Officer (and then Vice-Chairman) of Newcome-Reynolds Capital, LLC (2000 - 2015), and then as Executive Chairman of The Imperial Reserves (The Crown Federation of Recon), Limited, from its founding to its closure (2016 - 2017).

In August 2017, Sir Francis was invited to become Executive Chairman of the newly formed, the Federal Recon Investment Authority, upon the closure of The Imperial Reserves (The Crown Federation of Recon), Ltd. (FRIA's predecessor). He accepted and is now responsible for all of FRIA's day to day operations.

Currently Dou Boux's 19th richest man (with a net worth of over NS$120 billion); Sir Francis has a Doctorate in Economics from [I]The School of Business : Los Bouxiana University
and a Masters in Political Sciences from The University of Sana Clara.

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Mr. Niccolo Capaldi : Vice-Chairman

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Mr. Niccolo Capaldi is one of the three Vice-Chairmen of the Federal Recon Investment Authority. He previously served as the Central Bank Governor of Imperial Royal Union's Central Banking Authority from November 2015 to August 2017. In his tenure as Deputy Central Bank Governor in the preceding six years, he oversaw and facilitated the government transition that followed the coronation of Emperor Thales XIII in 20212. He has also served as Chief Auditor of Securities within the Authority and as Deputy Associate Director of the Foreign Investment Department. Mr. Capaldi holds a master's degree in Applied Economics and a bachelors' degree in Accountancy from the Port Imperial University.


Dr. Angus Rothchester : Vice-Chairman

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Dr. Rothchester is one of the three Vice-Chairmen of the Federal Recon Investment Authority. He previously served as Chief Executive Officer of Hundredstar International, the strategic investment fund of the Government of Hundredstar. Dr. Rothchester has more than 30 years of experience in senior financial positions at Hundredstar International and has played key roles in globalizing the company, having held increasingly senior positions at the company, including CEO (2013-2017), president of its Commonwealth Shipping & Tankers Corporation (2014-2016), and various financial and investment positions. He is a Chair of the CEO Forum of Hundredstar and a past board member of Prime Minister Economic Policy Council.

Dr. Rothchester earned a doctorate in Finance from Lewcaster University and a master’s degree in Economic from the University of Dukebrair City of Worldsghyll.


Mr. Martin Berkeley : Vice-Chairman

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Mr. Martin Berkeley is one of the three Vice-Chairmen of the Federal Recon Investment Authority. He is the former Chairman of Berk-Howard, Inc., the largest commercial bank in The Crown Empire. In August 2017, he was offered the position of Executive Director, by Sir Francis Hopkins; which he accepted, and held until he was appointed as third Vice-Chairman of FRIA in November 2017. He is currently the Head of The Private Clients Division.

Mr. Berkeley is listed on Boyle's Richest 9 as the fifth wealthiest person in The Crown Kingdoms of The Recon Empire with a net worth of over NS$220 billion. Despite having resigned his Chairmanship of Berk-Howard, Inc. he still owns a 12% stake in that company.
Last edited by Dou Boux on Wed Nov 29, 2017 7:16 am, edited 15 times in total.

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Dou Boux
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Founded: Oct 10, 2015
Inoffensive Centrist Democracy

Postby Dou Boux » Sat Aug 26, 2017 9:20 am

Our Annual Budget

Annual Operational Budget: NS$90,000,000,000.00
Annual Spending Budget: NS$175,000,000,000.00
Total Annual Budget: NS$265,000,000,000.00
Last edited by Dou Boux on Sat Aug 26, 2017 9:52 am, edited 2 times in total.

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Dou Boux
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Inoffensive Centrist Democracy

Postby Dou Boux » Sat Aug 26, 2017 9:35 am

Our Finances

Our Monetary Holdings (Cash):


    Sancrosanct Bank: NS$135,183,054,794.52

    Total Monetary Holdings (Cash): NS$135,183,054,794.52
Last edited by Dou Boux on Wed Nov 29, 2017 7:46 am, edited 4 times in total.

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Dou Boux
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Inoffensive Centrist Democracy

Postby Dou Boux » Sat Aug 26, 2017 9:46 am

Our Holdings


Our Real Estate Holdings


Our Commodity Holdings


Our Corporate Holdings

Last edited by Dou Boux on Wed Nov 29, 2017 7:38 am, edited 14 times in total.

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Dou Boux
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Postby Dou Boux » Sat Aug 26, 2017 9:57 am

The Private Clients Division


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Mr. Martin Berkeley


The Private Clients Division of The Federal Recon Investment Authority, is a special division that caters to the investment needs of individuals, corporations, and governments that reside in The Crown Federation of Recon.

Currently managed by Mr. Martin Berkeley, former Chairman of Berk-Howard, Inc., The Private Clients Division is not a bank, but rather a wealth fund where clients are able to invest capital and then receive dividends of that capital. Each respective client have a investment trust account set up in their name which shall manage that particular client's capital and investments. Each account shall be assigned a manager, who shall invest the capital in accordance with market performance and the client's specifications.

Annually, the dividends from investments shall be paid into that respective client's trust account, leaving them free to draw on it, or re-invest it as they so choose. However, they will not be able to withdraw their original investment without giving thirty days of notice to their manager, but may withdraw or re-invest their dividends as they so choose, in consultation with their respective manager.

In order to become a client of The Private Clients Division, a prospective applicant must be a resident of The Crown Federation of Recon, must be willing to invest a minimum of NS$50 million.

Current Clients of The Private Clients Division

(Please note that all clients of (the former) The Imperial Reserves (The Crown Federation of Recon), Ltd., have automatically been made clients of [I]The Private Clients Division, and their funds have been dually transferred to individual investment trust accounts.)

1) King Hayden I of The Recon Empire:
Account Number: 000/000/001
Country of Origin: The Recon Empire
Name of Manager: Mrs Eliza Anne Fredricks
Account Balance: NS$140,000,000,000.00

2) His Excellency The 7th Duke of Saint-Carl
Account Number: 000/000/002
Country of Origin: Dou Boux
Name of Manager: Mrs Eliza Anne Fredricks
Account Balance: R$12,500,000,000.00

3) Petar Jović (for and behalf of Semolia)
Account Number: 000/000/003
Country of Origin: Semolia
Name of Manager: Mrs Eliza Anne Fredricks
Account Balance: R$460,000,000.00

4) Grabe Industries
Account Number: 000/000/004
Country of Origin: Keralia
Name of Manager: Mrs Eliza Anne Fredricks
Account Balance: R$7,750,000.00

5) Sacrosanct Bank
Account Number: 000/000/005
Country of Origin: Sancrosanct Group
Name of Manager: Mrs Eliza Anne Fredricks
Account Balance: NS$1 500 000 000.00


Code: Select all
[b][u]Application to become a Client[/u][/b]
[b]Full Name of Applicant:[/b]
[b]Representing (only applicable for corporate/government account holders):[/b]
[b]Address:[/b]
[b]Country of Origin:[/b]
[b]Investment Amount:[/b]
[b]Applicant agrees to the Terms & Conditions of becoming an account holder:[/b] Yes [] No []
[b]The FRIA and/or any of its agents/employees are hereby absolved of any wrongdoing,  responsibility  etc., if any investments fail[/b] Yes [] No []
Last edited by Dou Boux on Wed Nov 29, 2017 7:25 am, edited 6 times in total.

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Sacrosanct Group
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Posts: 238
Founded: Sep 17, 2017
Ex-Nation

Postby Sacrosanct Group » Tue Nov 14, 2017 10:07 am

Application to become a Client
Full Name of Applicant: Mark Noble
Representing (only applicable for corporate/government account holders): Sacrosanct Bank
Address: 3rd Floor One World Tower, 32nd Street, Sacrosanct Global City
Country of Origin: Sacrosanct Group
Investment Amount: NS$ 1.5 billion
Comments: If possible, will pay via direct payment via FRIA's account in Sacrosanct Bank.
Applicant agrees to the Terms & Conditions of becoming an account holder: Yes [X] No []
The FRIA and/or any of its agents/employees are hereby absolved of any wrongdoing, responsibility etc., if any investments fail Yes [X] No []
Last edited by Sacrosanct Group on Sat Nov 18, 2017 2:48 pm, edited 1 time in total.

User avatar
Dou Boux
Spokesperson
 
Posts: 105
Founded: Oct 10, 2015
Inoffensive Centrist Democracy

Postby Dou Boux » Mon Nov 20, 2017 7:57 am

Image

The Federal Recon Investment Authority,
The Obelisk
17 Winthrop Drive,
Northston,
Los Bouxiana,
Dou Boux,
XY456


Mark Noble, CEO and Chief Banker,
3rd Floor,
One World Tower,
32nd Street,
Sacrosanct Global City,
Sacrosanct,
Sacrosanct Group


___________________________________________________________________________________________________________

LETTER REGARDING: APPLICATION TO BECOME A PRIVATE CLIENT OF THE FEDERAL RECON INVETSMENT AUTHORITY
___________________________________________________________________________________________________________


Dear Mr. Noble,

My name is Sir Francis Hopkins, and I am the Chairman of The Federal Recon Investment Authority.. I am very pleased to inform you that your application, on behalf of Sacrosanct Bank, to become a Private Client of The Federal Recon Investment Authority has been APPROVED. Mrs Eliza Anne Roberts has been appointed as your Personal Wealth Manager. She is on call twenty-four seven to see to all your financial needs. We request that you deposit your investment of one and a half billion NationStates directly into FRIA's Sacrosanct bank account using the reference: sb001.

We would like to take this opportunity to officially welcome Sacrosanct Bank to the FRIA family - we look forward to a long and prosperous business relationship between our two organisations.

If you have any questions or comments please don't hesitate to let me know!

Yours Faithfully,

Image
Sir Francis Hopkins, KOL,
Executive Chairman, The Federal Recon Investment Authority,
www.fria.cfor
Last edited by Dou Boux on Wed Nov 29, 2017 7:25 am, edited 1 time in total.

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Sacrosanct Group
Envoy
 
Posts: 238
Founded: Sep 17, 2017
Ex-Nation

Postby Sacrosanct Group » Thu Nov 23, 2017 2:27 am



Sacrosanct Bank
3rd Floor One World Tower
32nd Street, Sacrosanct Global City

November 23, 2017

Martin Berkeley
Vice Chairman
Federal Recon Investment Authority(FRIA)



Dear Mr. Berkeley

I would like to personally congratulate you for the first automatic posting of the earned annual interest of FRIA’s account at Sacrosanct Bank. As per your request, the account was setup to receive its interest earning in a weekly basis.

The account, which originally contained NS$ 135.5 billion of FRIA’s fund and NS$ 1.5 billion from Sacrosanct Bank’s investment as your client, has earned NS$ 183,054,794.52 interest for its first week with our bank and was posted automatically by our system.

We thank you for your continued trust with our services and we promise you to receive our full commitment to an excellent service as our partnership fosters.

You can go ahead login to your account by logging in to:
https://www.sacrosanctbank.com/login


You can use some of our services by browsing our website at https://www.sacrosanctbank.com

Thank you for banking with us!


Sincerely,

Mark Noble, CEO and Chief Banker
Sacrosanct Bank

User avatar
Sacrosanct Group
Envoy
 
Posts: 238
Founded: Sep 17, 2017
Ex-Nation

Postby Sacrosanct Group » Fri Dec 08, 2017 7:25 pm



Sacrosanct Bank
3rd Floor One World Tower
32nd Street, Sacrosanct Global City

December 9, 2017

Martin Berkeley
Vice Chairman
Federal Recon Investment Authority(FRIA)



Dear Mr. Berkeley


We would like to advise you that we have already credited FRIA's account at Sacrosanct Bank an amount of NS$ 98,250.00 last December 9 as its earned dividend from Sacrosanct Bank for November. Sacrosanct Bank has earned a total of NS$ 1,310,000 at the end of November from its service fees.

Also, we have sent a total of NS$ 28,650,000 in three installments as your dividend for our earnings from our external investments to HHG, FRIA, Gasco, and Auto Jager.

We thank you for your continued trust with our services and we promise you to receive our full commitment to an excellent service as our partnership fosters.

You can go ahead login to your account by logging in to:
https://www.sacrosanctbank.com/login


You can use some of our services by browsing our website at https://www.sacrosanctbank.com

Thank you for banking with us!


Sincerely,

Mark Noble, CEO and Chief Banker
Sacrosanct Bank
Last edited by Sacrosanct Group on Fri Dec 08, 2017 7:25 pm, edited 1 time in total.


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