Structured Product Ruling Puts Credit Reform On Radar In France

25 Apr 2013

A string of cases involving structured products and the Tax Effectif Global, or statutory interest rate, in France has lawyers fearing legislation may be needed to tighten the rules governing interest rate agreements.

A string of cases involving structured products and the Tax Effectif Global, or statutory interest rate, in France has lawyers fearing legislation may be needed to tighten the rules governing interest rate agreements.

In the latest case, the Tribunal de Grande Instance of Nanterre annulled a contractual interest rate ...

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