FTT and its impact on corporate and sovereign debt
A new report is out on the Financial Transaction Tax (FTT) and its impact on corporate and sovereign debt, written by London Economics on behalf of the Regulatory Strategy Group (RSG) and sponsored by the City of London. You can either get the pdf here or read a good summary at Securities Finance Monitor. Either way, the conclusion is the same. No place to hide from tax…….. Maria L. Bill: And apparently no agreement between the market and the regulators on the severity of the impact.