Transparency Directive Amending Directive (TDAD) and its Impact on UK DTR 5
On 17th October 2013, the EU Council adopted the Transparency Directive Amending Directive (TDAD). On the 6thNovember 2013, the TDAD was published in the Official Journal and came into force on 26thNovember 2013. The final regulatory technical standards (RTS) were published on 13thMay 2015. Each Member State was required to implement this within 24 months…