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ISDA and other industry associations have written to Timothy Geithner and Michel Barnier expressing their concerns about regulatory reform initiatives that may result in fragmented transatlantic capital markets
Mark Hoban, speaking at the London Stock Exchange, stressed that regulatory change is necessary and discussed the priorities of the UK in negotiating key EU Directives
ISDA believes the proposed FTT will harm both corporates who are trying to hedge their commercial risks using financial instruments and financial institutions who are already having to provide higher capital buffers
