Brussels, 13/01/2015 (Agence Europe) - Steven Maijoor, president of the European Securities and Markets Authority (ESMA), believes that the financial transactions tax (FTT) would be more effective if all 28 member states were on board, whereas the project is currently struggling along under enhanced cooperation between eleven countries.
“From my own point of view - as the ESMA will not be taking position on this issue - I would say that the rules should be made by all 28 or not at all”,...