Proposed amendments to ATAD 3

In December 2021, the European Commission published the anticipated ATAD3 Directive (“Directive”), further cracking down on the use of shell entities in the European Union. Recently, the European Parliament (“EP”) published a draft report that contains proposed amendments to the Directive. This report provides welcome suggestions, among others, with respect to internal outsourcing and postpones implementation of the Directive to 2025. Interested in the proposed amendments to ATAD 3? Read the article written by our colleagues Dennis Kamps, Steven Vijverberg en Ivo Kuipers here.