Fears over regulation raised by treasurers at ACT conference
An increased need for liquid assets under Basel III, the financial transaction tax and the burden of documentation under new processing rules for over-the-counter derivatives were raised as some of the most pressing concerns facing companies at the annual conference of the Association of Corporate Treasurers (ACT), held in Liverpool on April 18.
"I have many concerns over a transaction tax. Aside from its cost, the first is that it will be implemented unevenly, leading to inefficiencies in
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