Acupay System LLC
Stef Lambersy has extensive experience in leadership and market development, currently serving as President and Co-President at Acupay System LLC since January 2014, following a role as Vice President of Market Development from November 2011 to December 2013. Prior to this, Stef Lambersy was self-employed from January 2010 to October 2011, managing a pop-up wine bar in collaboration with A. F. Lambersy also held positions at Euroclear as a Lean Dedicated Operator and Tax Analyst from September 2006 to September 2009. Educational credentials include a Master's degree in Economic Sciences from Ghent University, complemented by studies at Aix-Marseille University.
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Acupay System LLC
Acupay System LLC is a financial technology company that provides data processing services for tax compliance, tax reporting and tax relief in relation to internationally held securities. Acupay is a world leader in the area of cross-border tax reporting and the management of payments of dividends and interest by securities issuers to investors without excess withholding. Its expertise in financial reporting, cross-border tax relief and securities processing, combined with its unique business approach, has enabled it to provide efficient solutions to difficult, if not impossible, operational and technical problems. Acupay has invented revolutionary new systems to allow issuers, custodians, brokers and investors to overcome the many hurdles to reducing excess foreign taxes on cross-border securities holdings. Acupay’s impact on the world of foreign securities has been remarkable, including opening the door to new markets where investment activity was previously unsustainable. It utilizes a proprietary computer system which links 975 brokers and banks to bond and securities issuers. This system permits custodian banks to electronically prepare tax certificates and allows investors to receive their withholding tax relief "at source” or via retrospective tax reclaims, effectively neutralizing the impact of withholding tax. Acupay commenced operations in September 2005 and currently has offices in New York and London. The company has 40 full‐time employees.