SRD II approved into the Slovak legislation

UniCredit Bank Czech Republic and Slovakia, a.s., pobočka zahraničnej banky
Summary: 
National Council passed the act that transposes the revised Shareholder Rights Directive (SRD II) 2017/828 into Slovak legislation. The Act is still awaiting publishing.
Thu, 23/05/2019

 

On May 13, 2019 the National Council of Slovakia passed an Act which amends several laws on Securities and Commercial Code Acts to comply with the Directive (EU) 2017/828 of the European Parliament and the Council regarding the encouragement of long-term shareholder engagement. Once published the Act will enter into force on July 1, 2019 with the exception of some provisions related to the identification of shareholders and the transmission of the information which will enter into force on September 3, 2020.