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Global Glimpses

“Global Glimpses” follows compliance, risk, and corporate governance news both in Europe and around the world. It covers developments at the International Accounting Standards Board, as well as global regulation, anti-bribery, and corruption enforcement, along with other compliance developments abroad. Global Glimpses is written by contributor Paul Hodgson. Hodgson welcomes questions, comments, and statements from readers on global issues and will address them here when appropriate. Readers can contact him at paul.hodgson@complianceweek.com.
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Global Glimpses Blog
EU tackles tax abuse in the wake of Panama Papers
Paul Hodgson | July 26, 2016
The Panama Papers document leak shed much light on a deep and pervasive effort to evade taxes. Since then, the European Union has passed a number of new rules to improve tax transparency and close tax loopholes. According to CW’s Paul Hodgson, the EU is only just getting started.
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Global Glimpses Blog
e-Commerce and tax evasion in the EU
Paul Hodgson | October 24, 2017
The European Union and the tech industry are locked in a perpetual struggle over taxation, but the EU is making moves to close certain tax avoidance avenues for good.
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Global Glimpses Blog
EU Financial Services Commissioner Will Push for More Reform
Roberta Holland | November 12, 2014
Hill
Nov. 12—The new EU commissioner for financial services has pledged to continue implementing numerous reforms sparked by the 2008 financial collapse, but cautioned lawmakers to assess the effect new regulations have on growth and jobs. Jonathan Hill, commissioner for financial stability, financial services, and capital markets union, said in a speech to the Commission last week that his top priorities would be implementing agreed-upon measures as well as pushing forward with an integrated single market for capital. “There can be no going back to the old, pre-crisis ways,” Hill said during his Brussels speech. More inside.
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Global Glimpses Blog
EC to Push Ahead With New Rules on Shareholder Rights
Roberta Holland | November 19, 2014
Hooijer
Nov. 19—The head of corporate governance for the European Commission, Jeroen Hooijer, said at a recent conference in the Netherlands that the Commission could put a proposal to revise the European Union’s shareholder rights rules before lawmakers by next summer. The proposal was unveiled last spring and calls for new voting rights for shareholders on executive pay and related-party transactions, as well as for efforts to better identify and engage shareholders. Hooijer said some of the provisions may encounter friction because “member states tend to already have their own, different rules, with which they’re already comfortable.” More inside.
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