Dec 17, 2004 19:02
19 yrs ago
2 viewers *
français term

commission de gestion d'état

français vers anglais Affaires / Finance Finance (général)
This term occurs in a swiss document dealing with abuses of commissions in the financial industry. [The document makes it quite clear that it is NOT the management fee(commission de gestion) of a fund by using the term commission de gestion and then putting (management fee ) in brackets afterwards in English].

"Le paiement à toutes sortes de distributeurs de retrocessions (appelées "commissions de gestion d'états" dans la terminologie de la branche et de la taxe sur la valeur ajoutée ...."

"Les commissions de gestion d'états servent à dédommager les distributeurs pour l'information et le conseil courant à leurs clients."

Very grateful for the correct term.

Discussion

Non-ProZ.com Dec 18, 2004:
Clarification To clarify: these are payments by fund managers and are not in themselves illegal - please see the second quotation.

Also,to complete the first quotation: ".... sur les commissions d'�mission et / ou de rachat de parts n'est pas probl�matique du point de vue de l'�galite de traitement.
Jane Lamb-Ruiz (X) Dec 17, 2004:
Le paiement � toute sorte de distributeurs de retrocssion [etc] DE WHAT?? The only clue to this you have left out! What comes after the DE???? They are somekind of fee OR commission..PAYMENT � Y de ???

Proposed translations

1 heure
français term (edited): commission de gestion d'�tat

payment accounts for management (fraudulous deals)

Declined
It's a payment made "under the table" so to speak. No trace is kept of such payments, so it is fraud.
Swiss French is often confusing to translate -I'm used to these translations.
Something went wrong...
Comment: "In the end I asked the client, but even he could not help"
+1
1 heure
français term (edited): commission de gestion d'�tat

management commissions

Declined
or management fee commissions....The "commission" tends to clue the reader into the idea that the payment is less than standard or legal.

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Note added at 1 hr 56 mins (2004-12-17 20:58:57 GMT)
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One often reads of references to agents or officials taking a commission or receiving a commission (to use a euphemism for \"kickback\", \"cut\" or \"bribe\"!).
Peer comment(s):

agree Peter Freckleton : Maybe could echo "état" with " portoilio" or "records"
1 jour 5 heures
Yes, that sounds good!
Something went wrong...
Comment: "n the end I asked the client, but even he could not help"
3 heures
français term (edited): commission de gestion d'�tat

consulting fees to retrocession distributors

Declined
as per your text and since you didn't post what comes after DE...not management fees CONSULtinG fees...
Something went wrong...
Comment: "n the end I asked the client, but even he could not help"
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