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
It what is widely seen as a correction of an oversight, the U.S. Federal Reserve is debating whether to allow foreign banks to avoid expensive regulation. The issue stems from an amendment to the Dodd-Frank Act named after...more
Table of Contents:
Introduction; Financial Stability Reform; Resolution Planning; Agencies and Agency Oversight Reform; Securitization Reform; Derivatives Regulation; Investor Protection Reform; Credit Rating Agency...more
In This Issue:
Leading the Past Week; Fiscal Cliff; Legislative Branch; Executive Branch; and Upcoming Hearings.
Excerpt from Leading the Past Week -
Whatever happened in the world of financial services last...more
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