Our articles regarding compliance focus on the legal obligations that company lawyers face in their daily practices. With the introduction of Directive (EU) 2017/1132 relating to certain aspects of company law, European company law is partially harmonized. There are also ongoing efforts for establishing a EU-wide company law and corporate governance framework in order to improve the business environment in the EU.
The EU also provides regulations on the statutory auditing of companies to improve the integrity of financial statements made by companies. The EU also has special reporting rules for issuers with securities admitted to trading on regulated markets. The 2004 EU Transparency Directive requires issuers of securities that are traded on regulated markets within the EU to make their activities transparent, by regularly publishing certain information, including annual and bi-annual financial reports, major changes in the holding of voting rights and ad-hoc inside information that could affect the price of securities.