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Even so, cross-border transactions are tricky.
"It gives investors confidence in cross-border transactions," he said.
CROSS-BORDER TRANSACTIONS There were two significant F's this year.
LTCM used nine complicated cross-border transactions to claim tax relief.
The European Union already regulates such fees on cross-border transactions.
Cross-border transactions in bonds and shares, for instance, have increased rapidly (see chart 4).
But it would have been more likely with fewer barriers to cross-border transactions.
The experiment has, in effect, created cross-border transactions within China.
The disparities among regional economies is expected to fuel more cross-border transactions in 2012.
Nasdaq also plans to create a new clearing system to simplify cross-border transactions.
Similar(1)
franchise and increasing our participation in landmark and cross border transactions," Raymond J. McGuire, Citigroup's head of investment banking, said in a memorandum to staff members last week.
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