EC: Proposed European Harmonized Tax System to Replace Existing 54 Reclaim Forms

LONDON - A standardized tax system across Europe would benefit the corporate actions market, but there are a lot of challenges to overcome to reach this stage, said panelists at the CorpActions Europe Securities Operations Forum in London in January.

The European Commission (EC) is working on a proposal to harmonize tax processing in Europe and remove local systems, one of the barriers identified in the Giovannini reports.

Brussels-based Tomas Thorsen, secretary of the FISCO Group, EC, said the

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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