All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
Derivatives

E.U. Fears FTT Could Hurt Clearing

European Union member states have raised concerns that a proposed financial transaction tax on over-the-counter derivatives could discourage market participants from clearing and could threaten clearinghouses’ solvency, according to a discussion document prepared for the group working on tax questions for the European Commission.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree