Your Single Source of Data for Compliance with Financial Transaction Tax Regulations
The Financial Transaction Tax (FTT) is a tax, determined by jurisdictions, on securities transactions. Since scope and applicability varies from jurisdiction to jurisdiction, the introduction of FTT in several countries is posing operational and regulatory challenges for the industry. Our package helps financial intermediaries identify Stamp Duty and FTTs levies on financial instruments accurately and efficiently.
- Asset Servicing
- Asset Management
- Wealth Management / Private Banking
- Investment Banking
- Retail / Brokerage
- Tax
- Trading
Our package provides up-to-date country-specific information on all in-scope securities and derivatives covering a non-comprehensive list of jurisdictions (Europe, Africa and Asia).
SIX is continuously looking at expanding the covered jurisdictions.
- Comprehensive offering: classification of financial instruments, applicability and tax rates at a glance.
- Timely access to data, especially for the high number of derivatives.
- Fully automated service to avoid complex data analysis.
- Data structures are designed to cope with upcoming jurisdictions.