2nd Shareholders’ Rights Directive – Implementations in the Stock Corporation Act

With the Stock Corporation Amendment Act 2019, Federal Law Gazette I No. 63/2019 of 23 July 2019 (AktRÄG 2019), the corporate law provisions of the 2nd Shareholders’ Rights Directive (2nd SRD) were implemented into Austrian law. The provisions attributable to the financial services sector were implemented in the Stock Exchange Act 2018 (more on this […]

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2nd Shareholders’ Rights Directive – Implementations in the Stock Exchange Act 2018

During a marathon session of the Austrian Parliament on 3 July 2019, the changes to the Austrian Stock Exchange Act 2018 proposed in the corresponding government bill, were adopted. As had widely been hoped for, and in line with demands by the banking industry in particular, Section 179 (7) of the Austrian Stock Exchange Act […]

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