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Europe Daily Bulletin No. 10824

11 April 2013
ECONOMY - FINANCE - BUSINESS / (ae) taxation
Banks want repo market to be exempt from FTT

Brussels, 10/04/2013 (Agence Europe) - The International Capital Market Association (ICMA) and the European Repo Council (ERC), which represent companies active in the repo (short-term bonds) market in 50 countries' markets, want the EU to exempt the repo market from the financial transactions tax (FTT) to be introduced on 1 January 2014 by 11 EU member states through the enhanced cooperation mechanism. They announced at a press conference on Monday 8 April that they had sent an open letter...

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ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
SECTORAL POLICIES
EXTERNAL ACTION
EDUCATION - CULTURE