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O.E.C.D. Discussion Draft On Financial Transactions – A Listing Of Sins, Little Practical Guidance

Published: Oct 18, 2018
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INTRODUCTION In early July, the O.E.C.D. Centre for Tax Policy and Administration ("C.T.P.A.") released Public Discussion Draft on B.E.P.S. Actions 8-10: Financial Transactions (the "Discussion Draft"). The Discussion Draft addresses financial transactions (e.g., loans, guarantees, cash pools, captive insurance, and hedging). Like many of the other initial B.E.P.S. Project drafts,...

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New York Reins In The Use Of Automobile Kill Switches

Published: Oct 11, 2018
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On October 2, 2018, New York Governor Andrew Cuomo signed into law legislation limiting the use of remote disabling devices by automobile lenders. New York Senate Bill 2484 ("SB 2484"), which took immediate effect, imposes new disclosure requirements on auto lenders before they can use the devices colloquially known as...

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US-UK Financial Regulatory Working Group Holds Inaugural Meeting

Published: Oct 05, 2018
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On September 18, 2018, the U.S.-U.K. Financial Regulatory Working Group has issued a statement following its inaugural meeting held on September 12, 2018 in London. Participants discussed the outlook for financial regulatory reforms and future priorities, including possible areas for deeper regulatory cooperation to facilitate further financial services activity between...

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