European Directive no. 1132/2017 concerning Companies law

On the Official European Gazette/ Journal of 30 June 2017, has been published the EU Directive no. 1132/2017 of the European Council and Parliament concerning companies law and which coordinates the collateral for shareholders and third parties, ensures application of equivalent measures in the Member States and lays down rules on the advertising of branches established in the Member States, on Companies mergers and de-mergers and on limited liability Companies cross-border mergers. The Directive entered into force on  20 July 2017.