Executive summaryOn 8 May 2020, the European Commission (the Commission) proposed a three-month extension to the deadlines for filing and exchanging information on cross-border arrangements under the European Union (EU) Directive 2011/16 due to the COVID-19 pandemic. The proposal also provides for the possibility of one further extension for filing and exchanging information for a maximum additional three months.This proposal, if enacted, will be in the legal form of a Directive (the Proposed Directive). Given that the measures set out in the Proposed Directive relate to obligations in Directive 2011/16 which would otherwise become applicable within a short period of...