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Consultation on the potential economic consequences of country-by-country reporting under Directive 2013/36/EU

Policy Field

  • Internal Market, Company law, Corporate Governance

Target group

All citizens and organisations are welcome to contribute to this consultation. Contributions are particularly sought from market participants, civil society organizations (in particular NGOs and CBOs), national governments, national competent authorities.

Period

  • From 11.07.2014 to 12.09.2014 – (closed).

Objective

The European Commission is launching a consultation on the potential economic consequences of country-by-country reporting by institutions required by Article 89 of Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms (CRD), in particular as regards information contained in Article 89(1) (d), (e) and (f) thereof, including the impact on competitiveness, investment and credit availability and the stability of the financial system. The results of the consultation will be taken into account in writing the Commission’s assessment and report required under Article 89(3) of CRD.

How to submit your contribution

The participation period to this consultation is now over.

Reference documents and other related consultations

Contact details

Responsible services:
Internal Market and Services DG,
Unit F2 – Corporate Governance and Social Responsibility
E-mail:
markt-f2-cbcr@ec.europa.eu
Postal address:
European Commission
SPA 2 02/97
1049 Brussels
Belgium

Why does the consultation take less than 12 weeks?

In view of the deadline of 31 December 2014 for submission of the Commission’s report to the European Parliament and the Council and of the small number of questions asked, the deadline has been reduced to allow the Commission to take into account the replies when writing its report.

Number of responses received to this consultation

8 contributions were received.

Results of consultation and next steps

Protection of personal data and privacy statement