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Financial services update: prominence in promotions and financial transaction tax

Overview

This weekly round-up of financial services developments from Macfarlanes deals with the Financial Services Authority’s finalised guidance on ‘prominence’ in financial promotions including examples of good and poor practice.

It also draws out the key points from European Securities and Markets Authority chair Stephen Maijoor’s speech on market transparency, where he discussed why transparency wasn’t the only answer and various regulatory responses to the crisis.

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