The EACT has issued a position paper on the proposal for a Council Directive implementing enhanced cooperation in the area of a financial transaction tax (FTT). We believe that the FTT would have a serious unintended consequence - its negative impact on European companies as well as pension funds and individuals, by for example increasing the cost of funding and managing business risks and tightening credit conditions. We are therefore strongly urging Brussels to take the real economy's views into consideration in the legislative debate on FTT.
The EACT is grateful for the opportunity to respond to the European Commission's consultation on a renewed sustainable finance strategy. Read our position here.
View MoreTarek is an experienced public affairs expert, specialising in EU financial regulation and has previously advised financial and non-financial companies across the entire financial services value chain on their EU policy advocacy strategies at FleishmanHillard. Tarek has a profound understanding of the regulatory issues impacting treasury and of the strategic objectives of the EACT.
View MoreRead the EACT's response to the European Commission's new digital finance strategy for Europe / FinTech action plan.
View MoreThe EACT is grateful for the opportunity to respond to the consultation on the implementation of new retail payments strategy. Read our position here.
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The latest issue looks at the results of the EACT Survey, FX hedging in volatile markets, and shares the latest news from EACT and its member associations.
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