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The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
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Gap in reserves narrowed to 115 billion euros at the end of 2012.
Plan would allow money funds to retain a stable NAV, but would impose new capital requirements on those that do.
FSB is considering rules on whether and how banks should be allowed to use client assets as collateral for their own trades.
Global regulators want rates to be based on observable transactions.
EU financial services chief seeks changes on draft rules on swaps.
European regulators consider tighter restrictions on funds.