A Senate committee on Friday called for the Banking Executive Accountability Regime to be delayed. The Economics Committee proposed that "the government change the date of implementation of the BEA Regime to start not less than 12 months after the bill is passed." Treasury on Friday released an exposure draft for legislation "to address hybrid mismatch arrangements" aimed at curbing one facet of multinational tax avoidance methods. Hybrid mismatches exploit differences in the tax treatment of an entity or instrument under the laws of two or more tax jurisdictions. The proposed hybrid mismatch rules "are designed to prevent any double non-taxation benefits by either denying deductions or including amounts in assessable income," Treasury said.