Congrats, Buy luxuries cars with OneCoin payment

SPECIFIC LEGISLATION, DEFINING UNFAIR B2C COMMERCIAL PRACTICES

Point 14 of Annex I to Directive 2005/29 / EC of the European Parliament and of the Council of 11 May 2005 concerning unfair business-to-consumer commercial practices in the internal market and amending Council Directive 84/450 / EEC, Directives 97 / 7 / EC, 98/27 / EC and 2002/65 / EC of the European Parliament and of the Council and Regulation (EC) No 2006/2004 of the European Parliament and of the Council (the "Unfair Commercial Practices Directive") must be interpreted in the sense that a promotional pyramid scheme constitutes unfair commercial practice only in the following cases:

- when it requires the consumer to pay a certain amount, regardless how much, thus being granted the right to join the scheme, regardless of whether the consumer is selling/ using products or not.

There is an active bonus program for IMAs, called “Global compensation plan”, which is available on the website. Sales (not the sole fact that someone has joined) are rewarded regardless of whether they are made directly or further down the sales chain. Commission can also be earned by a free enrollee into the OLN system called Rookie. After the completion of each educational level the participants receive a certificate.

- when the participants in such a scheme need to contribute financially.

In the “Global compensation plan” it is stated that the free Rookie package allows members to generate promotional tokens and bonuses from the Network's rewards plan (also known as Fast Start retail commissions) It also provides them with information which is free of charge and helps them understand the project better.
- the last users to join are likely to receive less benefits for their participation that the ones who joined earlier in time.

IMAs who build teams of other IMAs who then make ALS (Advanced Learning Systems) sales earn bonuses. All IMAs are provided with an equal opportunity to earn if they make sales of ALS. The ALS teach about financial markets, global trading and the emerging world of cryptocurrency.

False news aboutEuronet ExchangeDear OneLife Community,

Our Company is not launching the ‘Euronext Exchange’, as shown in the video circulating.
Please ignore all media sent to you “as part of a 2020 OneCoin Global Campaign” as this is false news. We assure you that any legitimate campaign will be brought to you through trusted sources: the Company’s official newsletter on the OneLife website www.onelife.eu,  your DealShaker Country Managers and your Captains.
- when the recruitment is based on the promise that the consumer will be able to benefit economically.

The activity of the IMAs in the Network is supervised by an experienced compliance team. As per corporate policies compliance will sanction IMAs who breach IMA T&C; OLN T&C; and all applicable policies and procedures according to the internal sanction policy. The rules are for everyone – no exceptions. In order to become an IMA, a new applicant is required to read and agree to the terms of the Agreement and the relevant General Terms and Conditions of the Company. Upon notification of his/her acceptance by the Company, the new IMA will be entered into the Company database. As it is written in OLN T&Cs: “The client should neither be convinced to purchase the products through dubious and/or misleading promises nor by promises of special benefits when these are linked to uncertain future outcomes. Furthermore, “an IMA shall not guarantee payments or raise expectations otherwise.“

CLA BANNED

Our Company must at this time inform the Onelife community and its users of the DealShaker platform, that the CLA company (Comercializadorav Latinoamericana de Automotores) from Mexico, are BANNED with immediate effect, from undertaking ANY type of negotiations or transactions worldwide,including ANY deals related to the construction or sale of houses as part of its own portfolio or any other company with which they are associated.

- when the largest part of the revenue is not a result of an actual economic activity

The company carries out MLM operations with the aim of selling Advanced Learning Systems (ALS).

The ALS consist of courses on financial topics with various levels of difficulty.

These are as follows:

1. Introduction to finance (Teacher: Mr Angel Marchev);
2. Risk and Stock Market (Teacher: Mr Angel Marchev);
3. Forex and technical analysis of financial markets;
4. Risk management and econometric analysis (Teacher: Mr Joannis Kantartzis);
5. Behavioral Finance and advanced analysis (Teacher: Mr Numan Ulku);
6. Behavioral Economics (Teacher: Ms Eva Porras);
7. IPO process and valuations (Teacher: Ms Eva Porras).

 8. The new product are the legal packages, offered by OneAcademy, which give comprehensive information about the legal side of the crypto currency world. They have been written and prepared for the mass public by law professionals with a long-term experience in the field. These courses have been developed as a guide into the world of crypto regulations, the ICO and the integration of the cryptocur-recies into the traditional markets all over the world. The topics covered by the legal packages are:

1. Legal definition of cryptocurrency
2. Economic evaluation - is it an asset, commodity or something else
3. Cryptocurrency impact on the traditional market.
4. Types of crypto systems
5. Legal implications for the regulators
6. ICO regulations
7. Integration of the cryptocurrency, enabling cooperation with banks and institutions
8. Compliance systems and Tax regime

Each level consists of information about the crypto currency law in 6 different countries - Italy, Germany, Belgium, Bulgaria, Sweden and Norway, classified into sections. Furthermore, each of these countries offers a written handbook, an educational video and/or a presentation on each topic.

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