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EU Parliament Votes for Revisions to Shareholder Rights Directive including New Transparency Requirements

|Proposed Changes|European Union
European Union

On 8 July 2015, the European Parliament voted to approve revisions to the Shareholder Rights Directive (2007/36/EC) in order to strengthen transparency. The revisions include the requirement that large undertakings and public-interest entities publish country-by-country (CbC) information on profit or loss before tax, taxes on profit or loss, and public subsidies received; and the disclosure of …

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