Financial institutions prepare for the FTT

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Financial institutions prepare for the FTT

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If banks had been told two years ago that they would be preparing for a financial transaction tax (FTT) in Europe, they would have laughed. But with the FTT just around the corner, Salman Shaheen finds out how financial institutions are preparing and whether the FTT is likely to affect those outside the 11 EU member states introducing the tax.

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