Regulatory tracking — June 2019

Regulatory tracking — June 2019

Staying ahead of new regulations can be challenging. Regulators expect firms to identify and react to all the emerging regulatory changes that affect them.

To help stay ahead of the curve, VinciWorks has published a regulatory agenda with an overview of recent regulatory changes and a regulatory horizon with topics on the legislative agenda.

DAC6 Core Group meeting summary

DAC6 is a European regulation aimed at reducing international tax evasion and promoting transparency. DAC6 requires lawyers, accountants, tax advisers, bankers and other “intermediaries” to report some aggressive cross-border tax arrangements.

VinciWorks recently hosted a roundtable meeting with representatives from over 20 firms to discuss DAC6 and its implementation, facilitated by Director of Best Practice Gary Yantin and subject matter expert Ruth Cohen. Some of the key questions covered included:

• Who is responsible for submitting initial DAC6 data if a transaction may be reportable?
• When should a transaction be reviewed for DAC6 relevance?
• How are firms informing clients who are potentially affected by DAC6 and its implications?
• Is DAC6 a tax or a compliance matter?

On-demand webinar: DAC6 — Understanding tax disclosure requirements

In our recent webinar, our experts helped dissect the new DAC6 Directive and gave guidance on reporting and training requirements under DAC6. The webinar covered the purpose and scope of DAC6, who is considered an intermediary and an overview of the hallmarks. Our experts also gave examples of reportable transactions and answered attendee questions.

VinciWorks is the definitive authority in compliance training and software. With over 250,000 users across 70 countries, our training is used by leading corporations in every sector, including 60 of the largest 100 law firms in the world.

The VinciWorks compliance training catalogue provides practical, interactive and customisable training available in multiple languages. The courses are updated regularly to meet evolving regulatory legislation.

The catalogue includes the following courses:

Forward to a friend

Unsubscribe