Cofic nv

Cofic - Consulting and Foreign Investment Coordination Established in the year 1980 under the name Rokkenborch, the company Cofic kept its location at the same address in Belgium, Koning Albertstraat 132, BE-1760 Roosdaal for activities in the field of consulting, real estate, industrial, commercial and financial operations, legal advice, swaps, commodity and equity trade. The nominal capital of the company is 3.346.681,5 Euro. In 1987 the name Cofic was adopted being the abbreviation for: "COnsulting and Foreign Investment Coordination".

As a family company Cofic established relationships for consultancy, market development and trade. The chairman of Cofic is Jozef Van Waeyenberge, member of the business community, with some past positions in Eucolait, European dairy trade federation, board member and president of the Milk Powder Commission, De Eik NV, holding company, co-founder and honorary director, Europa Nostra Belgium, heritage organisation, honorary president, KBC Groep, bank and insurance, member of the audit committee and honorary board member and at present with positions held in corporations and organisations such as Actibelam, financial consultancy, chairman, DGD, HaLO, KoGO, Ostmilch, Sivex Agro, Europalia Georgia, board member, KCB - Koninklijk Conservatorium Brussel, Royal Conservatory Brussels, member of the executive board.

According to Cofic’s company policies compensation for business activities are agreed in advance, for brokerage or commission, for costs of administration, advice, mediation, for payments of revenues, for profit sharing, for profit provisions and for services. Any form of compensation in accordance with Belgian legal requirements.

For the privacy statement, reference is made to the regulations and laws applicable in Belgium regarding how personal data is used, shared, disclosed and stored. All personal data received, collected or processed is handled responsibly and can be used for business purposes, for financial management, for analysis, for developing risk models, for fraud prevention and detection, for improvement and finetuning of products and services and to comply with legal and regulatory obligations. This may include sharing information with group companies and third parties, for accounting, auditing, fraud prevention, with brokers, insurers, loss adjusters, for credit information, with service providers, consultants, controllers or government regulators.

Payments are made only from completely clean and legal funds, thoroughly approved and confirmed to be in compliance with all applicable laws and regulations. Corruption, Anti-Bribery, Money Laundering, Financial Crimes and Sanctions Involved parties will at all times comply with the laws, regulations and statutes, applicable to the prevention and reporting of corruption, bribery, money laundering, terrorist financing, fraud and any form of crime, both under Belgian law and European regulations, according to the British Bribery Act 2010, the American Foreign and Corrupt Practices Act 1977 as well as the United Nations' “Sanctions” policy. Though KYC, CIS and DD permanent follow-up of parties with whom agreements or conventions are made.

Any form of conflict of interest is avoided, from group companies, managers, employees, agents, suppliers, customers with their own policies and procedures without adverse influence with conflict management, possibly with the introduction of information barriers, always with great care to maintain trust at all levels. Cofic does not engage in or support discrimination and has maintained a very high standard to treat all individuals equally regardless of race, national origin, religion, creed, disability, gender, sexual orientation, political affiliation or age. For complaints, Cofic’s own company policy ensures immediate treatment of any complaint addressed in writing to the administrative body. Ownership rights, property, copyrights, rights attached to materials or services, software, know-how, drawings, designs, creations, systems, methodologies, working papers, forecasts, reports, advice are freely available to the extent so included in the agreements. Parties have the right to send notification to the registered address or to the e-mail address contractually agreed.

Professional indemnity insurance has been taken out. The liability is limited to what has been contractually agreed and to what is covered by insurance, insofar as the damage and responsibility is clearly demonstrable and demonstrated while it is ensured that there is no fraud, no corruption or unexpected acts or events. Notwithstanding what may be covered by insurance, no liability to parties with whom there are dealings or arrangements or to others, whether arising from statutory duty or breach of contract, negligence or any other act or omission or breach of duty, for any loss of profit or income or a special, indirect or consequential loss arising from or related to advice or services provided. The occurrence of events, circumstances or causes beyond our reasonable control shall not constitute a breach of the contract and shall not be liable for any delay in performance or failure to perform obligations.

The parties are authorised to resolve disputes by means of arbitration or dispute mediation, subject to written agreement, thus having the freedom to seek or find settlement through the courts or not. All contacts, dealings or agreements are governed by the laws of the Kingdom of Belgium and its courts have the necessary jurisdiction to settle any dispute or claim.

Update 15/02/2023