Carsten Riester, head of Fund of Funds at W&W Asset Management (pictured), speaks to InvestmentEurope about the impact of the German federal election, which will be held on Sunday. Have you adjusted the asset allocation of your portfolio ahead of the German elections? Especially given the experiences of the past year, political events take centre […]
The French asset management industry association AFG has spoken out to express its worries and fears about France implementing the proposed European Financial Transaction Tax (FTT). Negotiations on the FTT, which would concern all financial transactions and which is expected to take effect on 1 January 2016, have failed so far as European partners could […]
Fidessa’s latest discussion paper – Harmony or Discord? – considers how the actions of regulators in the EU and US are affecting trade and investment activities in Asia.
Susanne van Dootingh, managing director and head of European Regulatory Strategy at State Street Global Advisors (SSgA), has said that the use of the ‘enhanced cooperation’ procedure by the EC to introduce the Financial Transaction Tax could have unintended consequences.
The European Commission has acknowledged concerns about the impact of its proposed financial transaction tax (FTT) on cleared over-the-counter derivatives trades, after a leaked discussion document revealed member state fears that the tax regime could encourage market participants not to clear and even threaten clearing house solvency.
European banks will suffer a major disadvantage in Asia’s derivatives markets if the European Commission’s (EC) proposed financial transaction tax is implemented in its current form, say market participants.
Analysis of the proposed Financial Transaction Tax shows that affected parties such as central banks, financial intermediaries, investors and borrowers should be seriously concerned, according to an academic paper published by the ICMA European Repo Council.
European institutional investors have warned that a regional financial transactions tax could deter them from investing in fast-growing companies.
The proposed European Financial Transaction Tax (FTT) will make central clearing of over-the-counter derivatives prohibitively expensive, according to TJ Lim, global head of markets for Italy’s UniCredit.
ICAP plc, a global interdealer broker and provider of post trade risk and information services, has warned that the introduction of the proposed Financial Transaction tax (FTT) will have adverse consequences for the economies of adopting countries and for funding costs for governments and corporates.
The encroachment of the proposed European Financial Transaction Tax has sparked significant and growing concern among asset managers based in the 11 EU member states set to be hit by the measure in 2014.
The EC’s proposed “new” financial transaction tax (FTT) will reduce the attractiveness of savings and the supply of long-term financing in Europe, particularly in the FTT-zone, according to EFAMA, the European funds association.