Ferigo Foscari

How Tobin Tax and certain regulatory duties affect Block Trades in Italy

Italian Law No. 228 dated December 24, 2012, which approved the 2013 budget, contemplates, among others, a new tax applicable to certain financial transactions (the “Tobin Tax”). The Tobin Tax will apply to transactions,...more

1/17/2013 - Buyers Derivatives Duties Foreign Banks High Frequency Trading International Finance Issuers Securities Sellers Tobin Tax