EU Commission Publishes “DAC6” Implementing Regulation

Apr 23, 2019

The European Commission has published Implementing Regulation (EU) 2019/532 which amends Implementing Regulation (EU) 2015/2378, regarding the standard forms for the mandatory automatic exchange of information on reportable cross-border arrangements.

The Regulation concerning the Directive on Mandatory Disclosure Rules, commonly referred to as DAC6, adds a requirement of including a reference number of the reportable cross-border arrangement to the standardised form for the mandatory automatic exchange of information on reportable cross-border arrangements. The Implementing Regulation shall apply from 1 July 2020.