Foreign Exchange Transactions Which Form Part Of Certain Types Of Foreign Currency Denominated Loans Do Not Constitute An Investment Service

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The ECJ held that foreign exchange (FX) transactions which are part of foreign currency denominated loans do not constitute an investment service.

Gibraltar Finance and Banking

Christian Rocca,Steven DeLara, and James Montado

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Introduction

ECJ has ruled in the case of Banif Plus Bank Zrt. v. Marton Lantos and Martonne Lantos. The ECJ held that foreign exchange (FX) transactions which are part of foreign currency denominated loans do not constitute

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