EU Directive 2017/828, amending Directive 2007/36/EC as regards the encouragement of long-term shareholder engagement, was recently published. The directive provides several options for member states when transposing the directive into national law. Depending on how the respective national legislature make use of these options, there will be minor or major changes to the national law.
It is common knowledge that the European Court of Justice (ECJ) has found the EU Data Retention Directive to be invalid. However, the spotlight should be on the ECJ's considerations on data security, as these may have an impact beyond the case that triggered the ruling, potentially influencing the privacy aspects of international data transfers as they are known today.
The European Court of Justice (ECJ) recently declared the EU Data Retention Directive, which has been the subject of much debate, invalid. The ECJ held that the directive interferes with the fundamental rights to respect for private life and the protection of personal data. If this decision reflects the ECJ's general stance on the matter, it will have an impact that goes far beyond telecommunications data retention considerations.
The European Commission recently presented its proposal for a Council Regulation on the Statute for a European Private Company. With the objective of making the single market more accessible to small and medium-sized enterprises, the proposal offers a uniform yet flexible corporate vehicle which is aimed at enabling these companies to use the same company form across the European Union.