Join the Community

22,103
Expert opinions
44,093
Total members
404
New members (last 30 days)
189
New opinions (last 30 days)
28,704
Total comments

HM Treasury consults UK reporting requirements under CRD IV

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country-by-country reporting draft legislation and draft guidance.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:

  1. their name, nature of activities and geographic location;
  2. number of employees;
  3. their turnover;
  4. pre-tax profit or loss;
  5. corporation tax paid; and
  6. any public subsidies received.


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.

Related Link:

https://www.gov.uk/government/consultations/capital-requirements-directive-4-country-by-country-reporting-draft-legislation-and-draft-guidance

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

Join the Community

22,103
Expert opinions
44,093
Total members
404
New members (last 30 days)
189
New opinions (last 30 days)
28,704
Total comments

Trending

Now Hiring