The Syno Aurelius State Owned Entities are sorted under different classes:
Syno Aurelius National Banks;
Syno Aurelius National Funds;
Syno Aurelius National Agencies;
Syno Aurelius National Corporations;
Syno Aurelius National Foundations;
Purpose
The Constitutional Monarchy of Syno Aurelius is a new Country established on 13 May 2019.
The State Owned Entities of Syno Aurelius have been formed to:
Establish the Economy of Syno Aurelius;
Provide a structure;
“kick-start” the Economy of Syno Aurelius;
Create employment opportunities;
The State Owned Entities under the auspices of the National Stare Bank are:-
Syno Aurelius National Banks;
Directory of Banks
The National State Bank of Syno Aurelius
The Lotharinge Bullion Banque (LBBanque)
The National Trade & Investment Bank of Syno Aurelius
The National Mining, Mineral, Metals & Resources Bank of Syno Aurelius
The National Credit, Security & Guarantee Bank of Syno Aurelius
The National Merchant Bank of Syno Aurelius
The National Commercial Bank of Syno Aurelius
The Citizen’s Savings Bank of Syno Aurelius
The Syno Aurelius Private Bank
The Syno Aurelius Agriculture Bank
Syno Aurelius National Funds;
Directory of State Funds
Sovereign Fund of Syno Aurelius
Monarchy Fund of Syno Aurelius
Hedge Fund of Syno Aurelius
Reserve Fund of Syno Aurelius
Equalizing Fund of Syno Aurelius
Compensation Fund of Syno Aurelius
Syno Aurelius Investment Fund
Stabilization Fund of Syno Aurelius
Syno Aurelius Project Development Fund
Syno Aurelius Infra Structure Development Fund
These SOE’s are Regulated, Licensed & Supervised by the NSB and Financial Services Authority.
The SOE’s are observed and monitored by the Syno Aurelius Inspectorate and the Standing
Advisory and Oversight Committees.
The NSB has strict Directives regarding the Regulation, Licensing & Supervision of these Entities.
Under the Regulatory Framework they have to comply with the following:-
Capital Adequacy Amount;
Liquidity Reserve Amount;
Liquidity Maintenance Ratio;
Fidelity Fund;
Restrictions on issue of Financial Instruments as a percentage of the Total Asset Value;
Restrictions on issue of Derivatives as a percentage of the Total Asset Value;
Standard Operating Procedures:-
Compliance;
Governance;
Risk Management;
Insurance & Underwriting;
Reconciliation Schedule;
Accounting Requirements;
Reporting Requirements;
Requirements to issue Financial Instruments;
Requirements to issue Derivatives;
Audit;
Crime Prevention Procedures;
Hedge Fund;
The NSB is responsible for the initial Start-up Capital of each State Owned Entity;
The Central Bank of the Constitutional Monarchy is the National State Bank of Syno Aurelius.
© 2022 | Syno Aurelius | All Rights Reserved.
Operational Directives
1. The Constitutional Monarchy of Syno Aurelius is an Independent, Autonomous Country established by Proclamation and Declaration and therefore our own Jurisdiction.
2. Syno Aurelius is a peaceful, non-aggressive Country;
3. Syno Aurelius respect the Sovereignty and Jurisdictions of other Countries;
4. Syno Aurelius do not get involved with the Internal Politics of other Countries;
5. Citizenship at Syno Aurelius is E-Citizenship based on the concept of Dual Citizenship or Dual Nationality. In the event that the host Country does not allow Dual Citizenship or Dual Nationality, there are alternatives such as Special Contractor, Special Service Provider, Special Consultant or Special Advisor through which an interested person may become involved and receive the same benefits as an E Citizen;
6. Although the Citizens from Syno Aurelius resides in their host Country they are encouraged to and advised to honour local and national Laws and Customs and pay their Taxes;
7. Syno Aurelius operates under the precepts of the International Law regarding: “Protection and Immunity of Foreign States”;
8. Syno Aurelius is not and does not want to be competition to Countries or their Financial Systems;
9. Syno Aurelius does not request or solicitate Funds from anyone. Transactions are carefully structured and reviewed;
10. Syno Aurelius does not pay upfront fees. We act according to Bilateral Agreements, Contracts and Undertakings. We do not have a problem to pay for services rendered but we require that those services should be delivered according to the signed Agreements. Any receipt of and payment of fees, funds, moneys or donations have to be transparent and duly approved and noted in an Agreement and reported to the Accounting Department;
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11. Syno Aurelius respects the Regulatory and Supervisory Roles of Central Banks and Rules of their Stock Exchanges and Indices and therefore does not work or operate in the following Jurisdictions:
a. South Africa;
b. United States of America;
c. Any Country who are being sanctioned or appears on the International Country Sanctions List;
d. Any Country whose Law(s) prohibits Relief Efforts & Humanitarian Efforts;
e. Any Country who does not recognize Syno Aurelius as an Independent, Autonomous and Sovereign Country;
12. In other Countries Syno Aurelius might conduct relief efforts and humanitarian work through Humanitarian Organizations & Foundations, Relief Organizations and Special Purpose Vehicle Entities with full knowledge and approval of the reciprocal Government(s) obtained through Bilateral Trade & Investment Agreements (Treaties) and Memorandum of Agreements (Accords);
13. Syno Aurelius does not tolerate Crime of any Nature and subscribes to:-
a. Compliance;
b. Governance;
c. Risk Management;
d. Transparency;
e. Prevention of Crime, Criminal Activities & Criminal Syndicates;
f. KYC ( Know Your Client);
g. KYT (Know Your Transaction);
h. KYR (Know Your Risks);
i. AML (Anti Money Laundering);
j. ATF (Anti Terrorism Funding);
k. OoF ( Origen of Funds Declaration);
l. AoF (Application of Funds Statement);
14. No employee of Syno Aurelius can bind Syno Aurelius through an Undertaking, Contract or Agreement. All Undertakings, Contracts or Agreements have to be approved by the Judge President and the Legal & Compliance Department; All such documentation must be processed by the Chief Registrar or such person the Chief Registrar assigns to the task.
The Monarch is the Official Seal Bearer and Title Holder.
15. Syno Aurelius supports efforts to Protect the Environment, Fauna & Flora and our Ocean and eradicate Pollution. All Projects, Programs & Initiatives have to be approved by the Minister of Environment Affairs and our Secretary of State;
By the order of the Monarch of Syno Aurelius