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Showing posts from November, 2022

Effective Interest Rates in Sustainability Reporting

What changes in conduct of business will be imposed by the proposed EU Directive sustainability reporting .  The proposed EU Directive has been subject to a tremendous amount of analysis, quite unfortunately many of which has been highly critical of the pro-business and pro- Fiscal Institutionals (PfF) arguments. The net effect of the EU Directive is to allow member states to impose an array of new rules and regulations on banks and investment companies which will impose costs and additional compliance obligations on banks and investment companies. The SFDR sustainability reporting  is an extremely complex regulatory proposed that requires a high degree of specialization. The EU Qual comimilarity Code and the new rules on tax and Art generally are far more extensive than the rules contained in the original EU Directive ( regretfully the original Directive did not imposes efficient and effective limitations on transfer pricing, virtue of the very large tax gaps in several Member