Financial Markets Infrastructure, Clearing and Settlement, FISCO group

Go to homepage Back to upper level Search on this site Print version Increase text Decrease text
Financial Markets Infrastructure
News
Clearing and Settlement
Commission Communication and other documents
CESAME group
CESAME2 group
Legal Certainty Group
FISCO group
MOG
EGMI
Settlement Finality
Collateral
Harmonisation of Securities Law
Hague Convention
Derivatives
Central Securities Depositories (CSDs)
Contact & help

FISCO
Fiscal Compliance Group

Having delivered its advice on the removal of fiscal compliance barriers to the clearing and settlement of cross-border securities transactions within the EU, the European Commission’s Clearing and Settlement Fiscal Compliance (“FISCO”) expert group, chaired by the Commission, continues the work in this important area.

Presentation of the group

  • Press release (15.4.2005)
  • List of Members (updated in April 2007) PDF - 11 KBEnglish
  • Mandate PDF - 23 KBEnglish

FISCO reports

09.02.2010 Booklet: "Simplified Withholding Tax Relief Procedures" PDF - 11 KBEnglish
19.10.2009 Securities income: Commission recommends simplified procedures for claiming cross-border with­holding tax relief
23.10.2007 The FISCO Group presents the solutions to fiscal compliance barriers related to clearing and settlement of cross-border securities transactions
19.04.2006 The FISCO Group publishes the fact finding study on fiscal compliance procedures related to clearing and settlement within the EU

Meetings

Date Document  
03.05.2007 Agenda PDF - 14 KBEnglish
Report PDF - 14 KBEnglish
     Annex PDF - 14 KBEnglish
28.02.2007 Agenda PDF - 14 KBEnglish
Report PDF - 14 KBEnglish
01.12.2006 Agenda PDF - 14 KBEnglish
Report PDF - 14 KBEnglish
18.10.2006 Agenda PDF - 14 KBEnglish
Report PDF - 14 KBEnglish
28.06.2006 Agenda PDF - 14 KBEnglish
Report PDF - 14 KBEnglish
26.04.2006 Agenda PDF - 14 KBEnglish
Report PDF - 14 KBEnglish
06.02.2006 Agenda PDF - 14 KBEnglish
Report PDF - 14 KBEnglish
08.12.2005 Agenda PDF - 14 KBEnglish
Report PDF - 14 KBEnglish
22.09.2005 Agenda PDF - 14 KBEnglish
Report PDF - 14 KBEnglish
15.06.2005 Agenda PDF - 14 KBEnglish
Report PDF - 14 KBEnglish
15.04.2005 Agenda PDF - 13 KBEnglish
Agenda Item 2.1.
Presentation on Witholding Tax Procedures - Salvatore Lo Giudice, European Commission		 PDF - 24 KBEnglish
Agenda Item 2.2.
Presentation on Tax Collection Functionalities - Philip Kerfs, Euroclear		 PDF - 45 KBEnglish
Agenda Item 2.3.
Presentation on Transaction Tax Procedures - Steven McGrady, KPMG		 PDF - 67 KBEnglish
Agenda Item 2.4.
Presentation on Other Fiscal Compliance Barriers - Jeffrey Naslund, Clearstream		 PDF - 16 KBEnglish
Agenda Item 3.2.
Presentation on Alternative Procedures - Chris Gilbert, ISSA / JPMorgan		 PDF - 99 KBEnglish
Report PDF - 50 KBEnglish

Latest developments

19.10.2009 The European Commission adopts the Recommendation on withholding tax relief procedures (C(2009)7924 final) See FISCO REPORTS
03.02.2010 Publication of the booklet "Simplified Withholding Tax Relief Procedures" See FISCO REPORTS

Useful Links

 

Last update: 13.01.2011