Corresponding Adjustments: Interpretation of the “Buffer Account”

Date: 15 April 2019

Author: Andrei Marcu

This paper aims to address a reoccurring issue in the Article 6 "corresponding adjustments" negotiations for further elaboration: namely, what is to be adjusted under the "buffer account approach". 

 It gives a brief overview of this approach, providing an example formula and a brief illustrative example of this approach, in order to further clarify any remaining confusion.