International - The European Financial Transactions Tax: Issues for Derivatives, Structured Products and Securitization
- D. Murre
- Derivatives & Financial Instruments, 2012 (Volume 14), No 1
- 13 January 2012
The European Commission’s proposed financial transactions tax would introduce a tax on financial transactions entered into by financial institutions. This article focuses on the possible impact of this tax on derivatives, structured products and the securitization process. The tax, as proposed, would have an incredibly broad application due to the number of financial institutions and financial transactions falling within the stated scope.