Immutable Pensions: Peer-To-Peer Tontines Secured by the Blockchain (tontinetrust.com) 4 points by rundmc 8y ago ↗ HN
[–] Quequau 8y ago ↗ I thought Tontines were illegal in most developed nations. [–] rundmc 8y ago ↗ Actually, they are perfectly legal:Regulated in Europe under Directive 2002/83/EC of the European Parliament: http://eur-lex.europa.eu/legal-content/en/ALL/?uri=CELEX:320...Still common in France https://www.conservateur.fr/nos-produits/tontine/ and http://www.telegraph.co.uk/finance/property/international/33...In US: According to the Penn La Review in 2015 “..there are no legal obstacles to issuing correctly structured tontines (in the US)”We can give examples for numerous other countries.
[–] rundmc 8y ago ↗ Actually, they are perfectly legal:Regulated in Europe under Directive 2002/83/EC of the European Parliament: http://eur-lex.europa.eu/legal-content/en/ALL/?uri=CELEX:320...Still common in France https://www.conservateur.fr/nos-produits/tontine/ and http://www.telegraph.co.uk/finance/property/international/33...In US: According to the Penn La Review in 2015 “..there are no legal obstacles to issuing correctly structured tontines (in the US)”We can give examples for numerous other countries.
2 comments
[ 2.6 ms ] story [ 17.6 ms ] threadRegulated in Europe under Directive 2002/83/EC of the European Parliament: http://eur-lex.europa.eu/legal-content/en/ALL/?uri=CELEX:320...
Still common in France https://www.conservateur.fr/nos-produits/tontine/ and http://www.telegraph.co.uk/finance/property/international/33...
In US: According to the Penn La Review in 2015 “..there are no legal obstacles to issuing correctly structured tontines (in the US)”
We can give examples for numerous other countries.