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David Lewis - SunGard Astec Analytics - London | 15/05/2012 | 1640 views

Added Pressure: ECJ on French Withholding Tax

The European Court of Justice (ECJ) has now ruled as of May 10, 2012, on the tax discrimination alleged by nine institutions over withholding tax levied on foreign investors in French equities compared with domestic funds which are exempt. Withholding tax is levied at up to 25% on dividends paid out to investors by equity issuers, but where investo...

David Lewis - SunGard Astec Analytics - London | 08/05/2012 | 1154 views

Securities Lending - Intraday Data; Can it Benefit Everyone?

In financial markets across the world, the trading benefits of up-to-date information are clear; you can trade at the right price and buy or sell as the market is turning towards or away from you, boosting your profits or curbing your losses. Aged data means you are trading behind your competitors and counterparts, weakening your position. That...

David Lewis - SunGard Astec Analytics - London | 30/04/2012 | 1204 views

Regulatory Spotlight: ESMA Guidelines on Economic Ownership

The common English saying, “possession is 9/10ths of the law” can often be applied when facing small, everyday challenges such as, “Who really booked this meeting room for 3:00 p.m.?” Those sitting in the room tend to win the argument. The European Securities and Markets Authority has been looking hard at the concept of owne...