Bloomberg’s new Data License solution spans 28 tax regimes across EMEA and APAC, automating the way firms identify taxable instruments, calculate obligations, and understand the rationale behind each tax
Bloomberg has launched a new International Tax data solution designed to help financial institutions better manage complex tax obligations across global markets. Covering Financial Transaction Tax (FTT), Stamp Duty, and other levies on financial instruments, the tool is available via Bloomberg’s Data License for large-scale enterprise use.
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For banks, brokerages, custodians, and asset managers, navigating global tax compliance is no small task. With multiple jurisdictions enforcing their own tax rates and rules from stamp duties in the UK, Ireland, Hong Kong, and Singapore to FTT in France, Italy, and Spain the process is resource-heavy and fraught with risk. Bloomberg’s new solution aims to simplify that by automating tax eligibility checks, providing clear rationales for inclusion or exclusion, and integrating directly into firms’ compliance and trading workflows.
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“Bloomberg worked closely with clients and industry experts to design a dynamic solution that keeps up with evolving tax laws while fitting seamlessly into existing systems,” said Kate Lee, Global Head of Enterprise Regulatory Data at Bloomberg. “This expansion complements our U.S. a tax data solution that helps clients simplify compliance and feel more confident about managing their global tax exposure
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Key features include coverage of 28 jurisdictions across EMEA and APAC, automated monitoring of instruments and obligations, and flexible data delivery methods including API, SFTP, or cloud. By combining scalability with transparency, Bloomberg’s new offering positions itself as a valuable resource for financial institutions looking to stay compliant in an increasingly complex global landscape.
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