Expert warns industry about transaction-tax complacency

09/12/2013 | Trade News (U.K.), The

Rebecca Healey, a senior analyst at TABB Group, is advising the financial industry to keep up its opposition to Europe's proposed tax on financial transactions. Healey's comment follows a leaked document from lawyers saying the tax would violate EU rules. "We shouldn't become complacent on this as the European Commission has already said it disagrees with the legal advice," Healey said. "Politicians need to understand how damaging this could be for pensions."

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Trade News (U.K.), The

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