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| 30 oct 2014 |
12:28 |
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EC assesses economic consequences of country-by-country reporting
Today the Commission adopted a report containing a general assessment of the economic consequences of country-by-country reporting (CBCR) by banks and investment firms under Article 89 of Directive 2013/36/EU (CRD IV). The key objective of the Commission's report is to assess whether CBCR leads to significant negative economic effects.
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