EU transparency directive simplifies corporate reporting

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The European Parliament has passed a new European Transparency Directive 2013/50/EU which affects listed companies.

The directive, which was recently published in the Official Journal of the European Union (OJEU), has come into effect and features a number of amendments.

Back in June the European Parliament voted through comprehensive changes to the EU accounting framework, including the reduction of reporting requirements on small and micro businesses.

 

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Robert Lovell
Managing Editor
AccountingWEB.co.uk
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