Post-Trading: Commission Expert Group Presents Solutions to Improve, Simplify and Modernise EU Fiscal Compliance Procedures
added: 2007-10-24
The European Commission’s Fiscal Compliance expert group (“FISCO”) has issued a report setting out solutions to fiscal compliance barriers related to clearing and settlement of cross-border securities transactions, also known as 'post-trading'. The proposed solutions are expected to lead to improved, simplified and modernised procedures adapted to the way EU financial markets operate today.
