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Tax ops under pressure to meet Spain’s FTT deadline

  The Spanish Senate has given its final approval to a bill that introduces a tax of 0.2% on the purchase of shares in Spanish listed companies with a market capitalization in excess of 1 billion Euros. With implementation of this new Financial Transaction Tax (FTT) in January 2021, financial institutions have just three months […]

Addressing the thorny issue of bilateral claims

  Published at the start of Q3, AFME’s guidance paper CSDR Settlement Discipline Penalties – Market Practice for Bilateral Claims looked at one of the many issues that financial organizations need to address under the new rules. With CSDR implementation delayed until early 2022, that extra time will prove a boon to those firms preparing for its impact.  Anticipating that a CSD may not be able to establish with certainty the party at […]

Meritsoft unveils new cum-ex withholding tax solution

Meritsoft, a Cognizant company, has developed a new tax module that enables tax operations teams at financial houses to comply with prominent withholding tax legislation, recently illuminated by well-publicised ‘cum-ex’ tax fraud enquiries. Despite legislation being introduced in 2002 to close a loophole that enabled a number of parties to claim the same dividend tax […]

CSDR – Its heart is in the right place

With CSDR still very much front of mind, Meritsoft’s Daniel Carpenter joins industry colleagues for an in-depth look at some of the challenges the regulation presents and how these can be addressed. Click here to read more. For more details on how Meritsoft can support your operations, or to learn more about any of our solutions, […]

Meritsoft’s Head of Reg weighs in on likely CSDR delay

An interesting read in which our head of regulation, Daniel Carpenter, explores some of the issues associated with CSDR and the industry’s reaction to the possibility of further delays. Click here to read the article in Asset Servicing Times. For more details on how Meritsoft can support your operations, or to learn more about any of […]

Now Delivering CSDR Solutions Globally

At the Ready for CSDR and Beyond Leveraging our proven FINBOS platform, Meritsoft is winning new business, helping an increasing number of global financial houses address the challenges of meeting the February 2021 Central Securities Depositories Regulations (CSDR) deadline by deploying our CSDR-configured solution. As global financial companies and capital markets houses prepare for the […]

Thoughts on UK Announcing that it will Not be Implementing CSDR

Read Daniel Carpenter’s thoughts on the UK’s announcement that it will not be implementing #CSDR in Markets Media! To read the full length article click here. For more details on how Meritsoft can support your operations, or to learn more about any of our solutions, please contact us at capitalmarkets@meritsoft.com or call +44 20 3865 […]

Industry Experts Views on BoE Future of Post Trade Report

Following the BoE release of their #PostTrade report, see Waters Technology for industry experts views, including comments from Daniel Carpenter! To read the full length article click here. For more details on how Meritsoft can support your operations, or to learn more about any of our solutions, please contact us at capitalmarkets@meritsoft.com or call +44 […]