Italian Financial Transaction Tax Implications of the Evolving Regulatory Landscape: The Post-MiFID II Financial Market Ecosystem

Type Journal Article

Author Salvadori di Wiesenhoff, V.

Country Italy

Published 15 November 2018

Issue Finance and Capital Markets (formerly Derivatives & Financial Instruments) 2018 (Volume 20), No. 6

EUR 35 |
USD 45
(VAT excl.)

This article outlines the Italian financial transaction tax implications of some of the new MiFID II and MiFIR rules for the EU financial markets. In particular, it focuses on the main changes to the market structure framework (distinction between bilateral and multilateral trading, MiFID II trading venues, trading obligation for shares and MiFID II trading capacities) and analyses the availability of the reduced Italian financial transaction tax rate/charges for trades executed on regulated markets and multilateral trading facilities.