Industry experts convened at this conference in London on 25-26 March 2009 to debate the latest transfer pricing developments impacting multinational enterprises and their advisors. NERA Director Dr. Emmanuel Llinares delivered a presentation entitled "The Future of Transfer Pricing Internationally -- What OECD Developments Mean." His presentation addressed the significant people functions concept and its relevance beyond permanent establishments, comparability analysis, use of profit based methods, and business restructuring.