Following consultation on country-by-country reporting under the fourth Capital
Requirements Directive (CRD IV) HM Treasury is seeking final views on the
country-by-country reporting draft legislation and draft guidance.
The regulations require each institution to publicly disclose annually on a
consolidated basis, by country of establishment:
From 1 July 2014 items a. to c. must be published with certain firms having to provide the other information on a confidential basis to the European Commission and HM Revenue and Customs.
The deadline for comments is 26 November 2013.
© Finextra Research 2014