New transfer pricing guidance on financial transactions
On 11 February 2020 the OECD released its final transfer pricing guidance on financial transactions. The new guidance provides recommendations regarding the application of the arm’s length principle to financial transactions and addresses the pricing of intra-group loans, cash pooling, guarantees and captive insurance premiums.
In response to identified weaknesses within the existing AML/CFT framework of the European Union and in view of the urgent need to address cross-border financial crime threats in a more coordinated manner, the Anti-Money Laundering Authority Regulation (AMLA Regulation) provides ...