United Kingdom Parliament Considers Statutory Instrument to Clarify Financial Instruments for Hybrid Mismatches

BloombergBy Bloomberg Analyst

The United Kingdom Parliament Oct. 15 accepted for consideration a statutory instrument to implement an EU directive clarifying the definition of financial instruments for hybrid mismatch arrangement purposes. The draft instrument includes: 1) reporting procedures for tax periods that fall outside the effective date range, and 2) the exclusion of certain financial instruments.

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By Bloomberg Analyst, posted on Wednesday October 23, 2019

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