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|English to Spanish translations [PRO]|
|English term or phrase: "Wells" notice|
|in relation with securities and exchange markets|
orden de cumplimiento (basado en las recomendaciones del comité Wells)
Hola. Look at this (link 2): "In the vast majority of cases when the staff determines to recommend enforcement action against a person or entity, counsel will be promptly notified...Such notification is frequently termed a "Well's Notice", as it is a procedure based upon a bar association Well's Committee recomendation." So, it's an "enforcement notice", which it may be translated as "orden de cumplimiento". Here goes an example from a Spanish BOC (link 1): "BOC - 2000/079 - Miércoles 28 de Junio de 2000 - 00841... Asimismo, ya efectos de emitir la Orden de cumplimiento de las condiciones establecidas en la Orden de concesión de subvención, los beneficiarios deberán ... ". It may be helpful to add the bracketed bit in case client says something like "Huh????". Hope it helps. Oh, check link 2 for more info on the Wells matter. Good luck :-)
Local time: 17:56
Native speaker of: Spanish, Catalan
PRO pts in pair: 666
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