We at Ethical Markets have advocated a financial transactions tax for many years and now it is need more than ever to curb high-frequency trading , best as a “ cancellation fee” since most HFT orders are cancelled within milliseconds and are just a form of “ front-running” – Hazel …
EU gives member states green light to introduce Financial Transaction Tax
EU gives member states green light to introduce Financial Transaction Tax EUROPE – European Union finance ministers have given 11 member states the green light to implement the controversial Financial Transaction Tax (FTT). The news comes a month after a majority of MEPs gave the same member states the go-ahead …
As 2013 begins, the introduction of a financial transaction tax (FTT) in a selection of European countries looks closer to becoming reality then ever.
After a first (failed) attempt by the European Commission to introduce a common system for a broad based FTT in the EU in 2011, the proposal has gained new life when 11 Eurozone countries were able to agree on the proposal and move it forward under the ‘enhanced cooperation …
Europe Dithering on Tobin Tax
PARIS, Jul 9 2012 (IPS) – Despite the grave financial and sovereign debt crisis sweeping the region, the European Union has once again failed to reach unanimous approval of a proposition made by its executive body, the European Commission (EC), to tax financial transactions in order to reduce speculation and …
Imposed Austerity vs Chosen Simplicity: Who Will Pay For Which Adjustments?
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Use subordinated debt as asset-liability match, says Cairn Capital
Use subordinated debt as asset-liability match, says Cairn Capital Asset manager urges investment in financial institution debt to solve portfolio mismatch. 04/10/11 Green investment by pension funds needs stable regulatory environment – OECD Over half of corporate pension funds have SRI strategy in place, says Eurosif Carlos Joly: I support …
French bank becomes the first to introduce Tobin Tax
French bank becomes the first to introduce Tobin Tax Banks says tax will raise €100,000 per annum for Millennium Development Goals This step is very significant. It tells us that it has now made sense to a bank to introduce a Tobin tax on its own. Of course, the amount …