During a 16 March meeting of the European Parliament Committee on Economic and Monetary Affairs, committee members called for the European Commission to play a greater role in the exchange of Country-by-Country (CbC) reports in the EU. In particular, the committee wants the draft directive for the exchange of CbC reports in the EU to be amended so that reports will also be automatically exchanged between EU Member States and the Commission. In this way, the Commission can directly monitor how the exchange is taking place and report to Parliament on the effectiveness of the automatic exchange system. In addition...