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EU Company Law to be Adapted to the Digital Era Corporate and M&A

EU Company Law to be Adapted to the Digital Era

The European Council has announced that it has reached a provisional agreement with the European Parliament on a draft directive that will facilitate and promote the use of online solutions in a company's contact with national regulatory authorities throughout its life cycle. The draft directive provides for the amendment of EU company law rules to allow for greater efficiency, transparency and legal certainty in company matters through the use of digital tools. The European Council has announced that the draft directive provides the following:Persons may register limited liability companies, and file company documents with national regulatory authorities entirely online;Information explaining national…
Joshua Chircop
19th February 2019
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EU Company Law to be Adapted to the Digital Era Corporate and M&A

EU Company Law to be Adapted to the Digital Era

The European Council has announced that it has reached a provisional agreement with the European Parliament on a draft directive that will facilitate and promote the use of online solutions in a company's contact with national regulatory authorities throughout its life cycle. The draft directive provides for the amendment of EU company law rules to allow for greater efficiency, transparency and legal certainty in company matters through the use of digital tools. The European Council has announced that the draft directive provides the following:Persons may register limited liability companies, and file company documents with national regulatory authorities entirely online;Information explaining national…
Joshua Chircop
19th February 2019
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Amendments to the Voluntary Organisations Act Trusts, Foundations and Wealth Management

Amendments to the Voluntary Organisations Act

The Voluntary Organisations (Amendment) Act, 2018 (the "Act") was promulgated on the 6th November, 2018 to amend the Voluntary Organisations Act and to make consequential and other amendments to the Civil Code and to the Second Schedule to the Civil Code, the Public Collections Act, the Notarial Profession and Notarial Archives Act, the Arbitration Act and the Companies Act.The Act introduces categories of voluntary organisations ("VOs"), namely, government organisations, religious organisations and political organisations. It also incorporates new definitions for lawful purpose, market levels and market conditions and permissible private benefit.New rules have been introduced vesting the Commissioner for VOs…
Joshua Chircop
7th November 2018
pexels-photo-461049.jpeg
Amendments to the Voluntary Organisations Act Trusts, Foundations and Wealth Management

Amendments to the Voluntary Organisations Act

The Voluntary Organisations (Amendment) Act, 2018 (the "Act") was promulgated on the 6th November, 2018 to amend the Voluntary Organisations Act and to make consequential and other amendments to the Civil Code and to the Second Schedule to the Civil Code, the Public Collections Act, the Notarial Profession and Notarial Archives Act, the Arbitration Act and the Companies Act.The Act introduces categories of voluntary organisations ("VOs"), namely, government organisations, religious organisations and political organisations. It also incorporates new definitions for lawful purpose, market levels and market conditions and permissible private benefit.New rules have been introduced vesting the Commissioner for VOs…
Joshua Chircop
7th November 2018