Wed, Dec 13, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Is a Financial Transactions Tax unavoidable? LIFE conference at UNESCO Paris, Sept. 14

Friday, September 09, 2011
Opalesque Industry Update - The LIFE Organization is partnering with UNITAID, UNESCO and a group of European NGOs (Oxfam France, CARE France, AIDES, Coordination SUD, Coalition Plus, Stamp Out Poverty & UBUNTU) for a conference supporting a Financial Transactions Tax (FTT) to be held Wednesday, September 14, 2011 at UNESCO headquarters in Paris.

"The disclosure on the occasion of a report commissioned by UNITAID demonstrating the technical and economic feasibility of an FTT implemented in the short term in France is a strong signal to policy makers. Understanding the benefits of globalization does not exempt to point out its imperfections. Acting now is a response to a real and legitimate need for global solidarity mechanisms," said Jean-Manuel Rozan, Chair of The Life Organization.

The LIFE Organization welcomes the broad consensus in favor of a tax on financial transactions among citizens, civil society, and now some Heads of State and Government.

"The same way that major European political leaders have embraced the idea of ​​a micro-levy on financial transactions, it is now time for the business and financial communities to act responsibly and take part in its definition and its use for global solidarity. I call on the business and financial communities, banks and funds to join us and take part in this debate. Only they are missing," said Jean-Manuel Rozan.

The LIFE Organization aims to gather the financial and international business communities around a modern and responsible vision of international development.

For more details: www.the-life.org/en/2011/09/02/conferenceftt/

press release


PD

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Mediobanca acquires majority stakes in Swiss hedge fund[more]

    Komfie Manalo, Opalesque Asia: Listed diversified banking group Mediobanca SpA said it has acquired a majority stake in Geneva-based hedge fund firm RAM Active Investments SA (RAM AI), an active and alternative asset manager offering a range of act

  2. North America - Miami could attract hedge funds if SALT deductions axed[more]

    From Law360.com: For years, inertia has been Nitin Motwani's greatest foe in his attempts to lure hedge fund owners in the northeast to Miami, which he has pitched as a tropical low-tax paradise. But with the Republican tax bill proposing to eliminate deductions for state and local taxes, he's sensi

  3. Northleaf Capital Partners closes debut private credit fund on $670M[more]

    Bailey McCann, Opalesque New York: Northleaf Capital Partners has closed its debut private credit fund - Northleaf Private Credit I - on $670 million. The vehicle will invest in private credit transactions in Europe and North America, with a primary focus on lending to private equity-backed compa

  4. ...And Finally - The ongoing gun saga in the U.S.[more]

    From Newsoftheweird.com: As elder members of the First United Methodist Church in Tellico Plains, Tennessee, gathered on Nov. 16 to discuss the recent church shooting in Sutherland Springs, Texas, one of those present asked if anyone had brought a gun to church. One man spoke up and said he c

  5. Opalesque Exclusive: Credit Suisse Asset Management's NEXT Investors leads $6M Series A round for LUX Technology and Services[more]

    Bailey McCann, Opalesque New York: Credit Suisse Asset Management's NEXT Investors has led a $6 million Series A funding round for LUX Technology and Services, a business and technology solutions provider for the alternative assets industry. The investment will be used to fuel growth of Trans