Follows sale of Borsa Italiana group
The euro crisis is over, according to European Commission president José Manuel Barroso.
The UK fund management industry faces complete transformation if the financial transaction tax - or Tobin tax - is implemented, commentators have warned.
A UK ban on the payment of commission from providers to advisers who sell its products can go ahead unchanged and unhindered, the European Commission (EC) has said, quashing concerns a Europe-wide directive could scupper the requirements.
The IMA has welcomed a European Commission proposal to bring regulation of structured products in li...