On Wednesday 9 June, the Member States’ ambassadors to the European Union (Coreper) validated the agreement reached a few days earlier between the Portuguese Presidency of the Council of the EU and the European Parliament negotiators on the proposal for a directive aimed at increasing public country-by-country reporting (CBCR) (see EUROPE B12732A2).
The overall compromise reached with Parliament is “balanced” and in line with the revised mandate given to it at the end of May...