Tobin tax could increase foreign exchange costs by 18 times – GFMA

By 2012-01-19T15:15:00

EUROPE - European pension funds and asset managers could be deeply impacted by the introduction of the Financial Transaction Tax (FTT) - also known as the Tobin Tax - as transaction costs could soar by 18 times, a new report has warned. The study published by the Global ...

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