EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
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Managed Services for tax and legal
Our Managed Services for tax and legal can help financial services firms across Europe meet the increasing risk, regulatory and cost pressures particular to their jurisdictions. Transitioning non-core tasks to a managed service frees up leaders to create improved value, focus on driving innovation and make better, data-led, business decisions.
What EY can do for you
Tax and legal teams are facing waves of different pressures. They often need to manage the speed and scale of regulatory change domestically, across Europe, and globally, covering topics such as BEPS 2.0, the EC’s Anti-Tax Avoidance Directive (ATAD) and the EU’s increased focus on sustainability and tax. This needs to be balanced with the increasing volume of data, the increased risk and cost this expansion drives, whilst also competing for experienced talent, and introducing the right technology for greater efficiency and gains.
There is an opportunity for European tax and legal functions to transform, to deal with these pressures and to become a proactive strategic business partner, not just a support function. And this is where managed services can play a part.
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Our latest thinking
As sustainability issues increasingly create risk, law departments are expected to play a key role in driving their organization’s compliance.