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The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
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Shift from global system would likely be permanent, sources say.
French Finance Minister Le Maire to put forward a proposal in September.
Oliver Wyman sees industry's costs rising $1B.
Greenback is a loser this year against all 16 major currencies.
UK regulators announcement last week seen speeding the process of replacing the benchmark.
Replacing the benchmark is part of an ongoing global reform effort.
U.K. regulator says the benchmark is unsustainable.
