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OECD’s Mandatory Disclosure Rules (MDR) – What you need to know

February 24, 2021 at 01:01PM

In this episode, Director of Best Practice Gary Yantin and Head of Legal and Product Research Ruth Mittelmann Cohen discuss the OECD’s Mandatory Disclosure Rules (MDR). We look at what MDR looks like in the EU, UK, Mexico, Gibraltar and Argentina and give best practice reporting guidance. 

MDR reporting solution: www.vinciworks.com/mdr

DAC6 resources page: www.vinciworks.com/dac6

via VinciWorks https://bit.ly/3uvKf7l

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MDR Unpacked: Episode 2 – Gibraltar

February 17, 2021 at 12:05PM

In this episode, our Director of Best Practice Gary Yantin and Head of Legal and Product Research Ruth Mittelmann Cohen share the latest updates on the Mandatory Disclosure Rules in Gibraltar. They will look at what MDR means in Gibraltar, the timescales, the penalties and who needs to comply.

VinciWorks’ MDR reporting solution: www.vinciworks.com/mdr-gibraltar

Free compliance resources: www.vinciworks.com/resources

via VinciWorks https://bit.ly/2LWoDzA

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Anti-bribery: Maintaining compliance

February 03, 2021 at 05:55PM

In this episode, we were joined by Head of the OECD’s Anti-Corruption Division Patrick Moulette and Transparency International’s Global Business Integrity Programme Lead Britta Niemeyer.

These leading international bribery and corruption experts discuss the challenges businesses face in building a strong anti-bribery and corruption programme in 2021, and give their insights into how businesses can best fight bribery.

Anti-bribery resource page: https://bit.ly/3rj5y9P

via VinciWorks https://bit.ly/2Mv4eSA

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MDR Unpacked: Episode 1 – Mexico

January 28, 2021 at 03:24PM

Gary Yantin is joined by VinciWorks’ Head of Legal and Product Research Ruth Mittelmann Cohen for our brand new podcast series covering the OECD’s Mandatory Disclosure Rules around the world. In each episode we will be covering a different country’s Mandatory Disclosure Regime or sharing the latest updates on MDR and DAC6. 

In this episode we look at what MDR means in Mexico, the timescales, the penalties and who needs to comply.

Resources:

VinciWorks’ MDR reporting solution: www.vinciworks.com/mdrmexico

Guide to Mexican MDR: https://vinciworks.com/resources/mdr/mexican-mdr-guide.pdf

via VinciWorks https://bit.ly/2NLXbVV

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DAC6 is here — What now?

January 20, 2021 at 01:48PM

As of 1 January 2020, all “intermediaries” involved in cross-border arrangements in an EU member state that meet certain hallmark categories are required to begin reporting those arrangements. Some businesses are fully compliant with DAC6 while others have only recently started preparing. VinciWorks has implemented DAC6 reporting systems for over 40 firms, including seven of the top ten UK firms.

In this episode, we explore best practice for reporting, regardless of where you are in this challenging compliance process. We also answer attendee questions.

Join us for our next webinar: https://bit.ly/2XWJpBF

via VinciWorks https://bit.ly/3p2GG5D

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DAC6 in the UK — What now?

January 06, 2021 at 03:18PM

Unexpectedly, and despite comments to the contrary, the UK has decided to repeal DAC6 and implement its own MDR regime. Until this happens, DAC6 still applies in the UK for Hallmark D. Considering that the UK has been a leader in the fight against corruption and tax evasion, its version of MDR will possibly be broader and even more stringent.

In this episode we help law firms and multinational businesses grapple with these changes.

 

DAC6 resources: https://bit.ly/2HFmmGA

via VinciWorks https://bit.ly/2XhfKTq

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DAC6 — The non-legal perspective

November 25, 2020 at 10:18AM

DAC6 is a European directive aimed at reducing international tax evasion and promoting transparency. It requires any company that serves as an “intermediary” to a cross-border tax arrangement to assess that arrangement and report it to the tax authorities in some situations.

DAC6 potentially creates a significant compliance burden for companies that are party to a cross-border transaction, even if their role seems incidental. Many investment funds and banks, as well as multi-national corporations, will be exposed to liability under DAC6.

In this episode, VinciWorks’ DAC6 experts will offer guidance on what the Directive means for businesses and how businesses with and without in-house legal teams are managing the DAC6 process and reporting.

DAC6 resource page: https://bit.ly/2HFmmGA

via VinciWorks https://bit.ly/2KFfIBL

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DAC6 reporting – Your questions answered

October 28, 2020 at 02:04PM

DAC6 has now been in force for over three months, with intermediaries and businesses in Germany already having to report historical transactions.

Over the past 18 months, VinciWorks has consulted with international law firms, accounting firms, corporate compliance teams and tax authorities to help them grapple with the Directive and develop best-practice for DAC6. 

In this episode, we gave our listeners the opportunity to have their questions answered by our Legal and Research Executive Ruth Mittelmann Cohen and Director of Best Practice Gary Yantin.

DAC6 resource page: https://bit.ly/2HFmmGA

via VinciWorks https://bit.ly/31ObPQy