AFB Seminar: Transfer Pricing Requirements for Non-UK Banks

Grant Thornton is running a series of tax seminars for AFB members in 2025.  This is the first in-person session in the series, which will cover transfer pricing requirements and specifically the impact of the rules on non-UK banks operating in the UK.  

Why attend?

Multinational corporations (such as AFB members) are permitted to use the transfer pricing methods to allocate earnings among their subsidiary and affiliate companies and branches that are part of the parent organisation.  This session will help AFB members to understand the UK rules on the use of transfer pricing, how those rules can be applied and the transfer pricing documentation requirements that non-UK banks need to comply with in the UK.

The seminar will provide an overview of the UK transfer pricing rules and how they apply to non-UK banks operating in the UK; key areas of tax authority challenge from a transfer pricing perspective; the UK transfer pricing documentation regime and the transfer pricing processes and governance.

Who should attend?

This session is aimed at those working in Finance and Tax departments.

Speakers

Liz Hughes, Grant Thornton, Partner

Liz leads Grant Thornton’s Financial Services Transfer Pricing practice, based in London. She advises banks, building societies, insurance and reinsurance operations, asset managers and fintech businesses. Having nearly 30 years of experience in the industry, she has worked across all aspects of transfer pricing including as an expert witness, dispute resolution, transfer pricing planning and implementation as well as preparing robust transfer pricing compliant documentation.

Liz will be joined by Abigail Davies, Director, Anuj Khamar, Associate Director and Joseph Oko, Associate Director from Grant Thornton’s national transfer pricing practice.

Please note, you will receive a confirmation of your booking via email within 24 hours. Should you not receive a confirmation, please contact AFB to double check if your booking was successful.

Logistics

Cost:        Included in AFB membership (no fee)

Location: The Lounge, Grant Thornton, 30 Finsbury Square, London EC2A 1AG

Date:        Tuesday 4th February 2025

Time:        08:30 – 10:30 (registration & refreshments from 08:30 – 09.00)

There will be ample opportunity for questions throughout the session, however, if you would like to submit a question before or have any specific questions or areas that you would like the session to address, please send them to the AFB at secretariat@foreignbanks.org.uk as soon as practicable. You will receive details on how to join this in-person session a week before the event.