OECD releases discussion draft on interest deductions in banking, insurance sectors

banking

28 August 2013

The latest developments on the country by country reporting requirements in Capital Requirements Directive IV

This Newsflash summarises the developments from the past 3 months and our current understanding of the issues and uncertainties created by Article 89. Recent developments It is now confirmed that HM Treasury (‘HMT’) will be the body responsible for transposing Article 89 into UK domestic legislation rather than the Prudential Regulatory Authority. With an implementation