The Swedish Ministry of Justice has issued a release announcing a draft law for the introduction of public Country-by-Country (CbC) reporting as required by Directive (EU) 2021/2101 (previous coverage). The requirements are largely in line with the Directive, although the public reporting threshold would be annual consolidated revenue of SEK 8 billion in each of the last two consecutive financial years, instead of the standard EUR 750 million. When required, the public CbC report must be submitted to the Swedish Companies Registration Office and must also be made available on the reporting company's website. Further, auditors in companies that are...