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EU financial transaction tax will not be introduced until 2016

Ten eurozone countries have committed to introducing the proposed European Union financial transaction tax (FTT) by 2016, according to the Financial Times.  09 May 2014

BNP Paribas in deal to boost trade finance in Africa

The African Development Bank (AfDB) has approved an unfunded 40-million euro ($56m) risk participation agreement (RPA) with French banking group BNP Paribas to support increased trade finance across Africa. 08 May 2014

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Cost of EU's financial transaction tax would be passed on to UK pension savers, says NAPF

The cost of a future European financial transaction tax (FTT) would be passed on to "millions" of UK-based private savers and pension scheme members, even if the UK itself was not participating in the tax, an industry body has said. 01 May 2014

No new funding requirements for EU pension schemes, but expert criticises cross-border "funding anomaly"

The proposed new legal framework which would govern occupational pension provision in the EU is a missed opportunity to remove inefficiencies from the current regime and improve outcomes for members, an expert has said. 31 Mar 2014

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