100-day MDR implementation plan – Are you ready?
While a number of industry bodies have requested a postponement of DAC6 and its Mandatory Disclosure Rules, the reporting obligation is currently set to enter into force on 1 July 2020, and the first potential reporting deadline for a variety of cross-border transactions will therefore arise in 100 days, on 1 August.
Considering the difficulties many organisations are facing at the moment, we propose a lean project approach, requiring a minimal time commitment from your organisation whilst ensuring operational readiness and compliance with the Mandatory Disclosure Rules by 1 July.
With virtually many employees working from home and in-person meetings forbidden for an unknown amount of time, companies need to adopt a new approach to become DAC6 compliant and ready to report relevant arrangements in just a couple of months.
In response, we have adapted our implementation project model, going for a leaner, scaled-down approach, focused on the essentials for delivering a compliant DAC6 process, without relying on in-person workshops.
If you have any questions to the new rules or the process do not hesitate to contact: