“Tax information exchange needs transition period”

The European Commission’s Expert Group on Automatic Exchange of Financial Account Information for Direct Taxation Purposes published a report in March echoing European banks’ concerns about the implementation calendar of the new Directive. It calls on the Council and Member States to start exchanging information with a transitional period of two years during which financial [...]

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bench enews

Capital Markets Union: what is at stake?

The Capital Markets Union (CMU) project will be one of the biggest initiatives of the new European Commission led by Jean-Claude Juncker, President of the European Commission. From 1 November 2014, Jonathan Hill, European Commissioner for Financial Stability, Financial Services and Capital Markets Union, has been tasked with building a new path for financing the [...]

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