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U.K. unveils bank levy, as France and Germany express their intentions to follow suit
- Alston & Bird LLP
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- France, Germany, United Kingdom
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- June 24 2010
Yesterday, Chancellor of the Exchequer George Osborne, in his June Budget Report Statement to the House of Commons, announced the introduction of a levy on U.K. banks, including the U.K. operations of foreign banks, that is expected to generate over £2 billion per year once fully implemented
International regulatory update 19-23 September 2011
- Clifford Chance LLP
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- European Union, France, Germany, Japan, Libya, Netherlands, Poland, United Kingdom
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- September 28 2011
The Comisión Nacional del Mercado de Valores (National Securities Market Commission) (CNMV) has published an updated set of FAQs in relation to its temporary measure on net short positions
International regulatory update 22-26 August 2011
- Clifford Chance LLP
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- China, European Union, France, Global, Greece, Italy, Singapore, Spain, Switzerland, United Kingdom
- -
- August 30 2011
ESMA has published an updated table of measures taken by its Members in relation to short selling in financial markets
Proposed treasury regulations implementing the Foreign Account Tax Compliance Act ("FATCA")
- Orrick Herrington & Sutcliffe LLP
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- France, Germany, Italy, Spain, United Kingdom, USA
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- February 10 2012
On February 8, 2012, the IRS announced the release of proposed regulations for the next phase of implementing FATCA, which targets noncompliance by U.S. taxpayers using foreign accounts
U.S. government issues FATCA proposed guidance & approach to automatic exchange of FATCA information
- Akerman Senterfitt
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- France, Germany, Italy, Spain, United Kingdom, USA
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- February 9 2012
On February 8, 2012, the U.S. Department of the Treasury ("Treasury") and the Internal Revenue Service ("IRS") issued the long-awaited Proposed Regulations with respect to the Foreign Account Tax Compliance Act ("FATCA"
Financial transaction tax: sending shock waves through global financial services
- Allen & Overy LLP
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- Belgium, France, Germany, Italy, Luxembourg, Netherlands, Spain, United Kingdom
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- March 5 2013
If it is implemented as proposed, the financial transaction tax (FTT) is likely to cause distortion to the financial sector, both within the EU and
EuroResource--deals and debt
- Jones Day
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- Argentina, Cyprus, France, United Kingdom, USA
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- April 29 2013
On 29 March 2013, the Republic of Argentina proposed an alternative payment formula to the U.S. Court of Appeals for the Second Circuit that, if
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