The long wait for European unity

摘要

Between the EU Savings Directive, the new International Accounting Standards (IAS), Basel II and the other edicts emanating from national and international regulators, derivatives structurers and markets have had a complex task in recent years. So much so, in with the mix of legal, tax, regulatory and accounting issues that equity derivatives structurers, distributors and investors increasingly need to address. The 15-strong, Paris-based group is comprised of staff with engineering and legal backgrounds that are charged with constantly researching these ever-changing issues. "We are therefore often able to identify opportunities that others will miss," asserts Mr Goudouneix.