CRA provided an expert opinion on industry practices in a matter involving a commodity derivatives broker and price quotations. At issue were what constitutes an independent price quotation, and how a trader’s own trades should be factored in when determining marks for valuing the trader’s own book.
Changing incentives around export voluntary self-disclosures
What companies are impacted? All US companies exporting goods, as well as non-US companies exporting/re-exporting/transferring goods subject to US jurisdiction...