Brussels, 14/07/2014 (Agence Europe) - Until Friday 12 September, the European Commission is running a consultation on the potential economic consequences of country-by-country reporting in the capital requirements directive (Directive 2013/34/EU) for big banks.
Under the directive, member states must introduce legislation requiring big banks to publish consolidated information each year for each country (whether in the EU or outside) in which they did business in the previous tax year....