Financial institutions operate on a global scale and transfer pricing is one of the key tax aspects to consider when defining, implementing, or optimizing their processes and operations that involve various jurisdictions, especially with regards to the conditions of intragroup financing, foreign currency and hedging transactions and assigning the correct amount or share of income to each of the main activities and risk management functions, involving – among others – marketing, back-office, risk assessment, service R&D, the obtention, transfer and investment of funds, custody and deposit activities, pricing and brokering.
