Monday, 27 June 2011
Wine Investment Code – guide to best practice
Very useful meeting at the WSTA (Wine & Spirit Trade Association) offices this morning to discuss the proposed 'code'.
It was agreed that as the code is now designed to provide guidance on both best practice and what to avoid that it will become a guide to wine investment – on how companies should treat investors both potential and actual.
The next step is that the WSTA will redraft it as guidance and then it will go out for comment – a process that I hope will not take long.