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GER: Commercial Code Adjustments to Relieve Smaller Companies

Corporate Law 

The German government has decided to raise the financial thresholds for accounting and financial reporting by nearly 25%. The aim is to reduce administrative burdens on small and medium-sized companies. For this purpose the German Federal Ministry of...

GERMANY: New German Corporate Governance Code

Civil Law 

The new German Corporate Governance Code (Deutscher Corporate Governance Kodex, DCGK) 2022 came into force on 27 June 2022. In its current version, the code incorporates, among other things, the German Financial Market Integrity Strengthening Act (Ge...

4th COVID-19 Act: Amendment of the COVID-19 Company Law Act

Corporate Law 

By the 4th COVID-19 Act, amendments to the COVID-19 Company Law Act (gesellschaftrechtliches COVID-19-Gesetz) were adopted, inter alia. The Federal Act on Special Measures in Company Law arising from COVID-19 (Bundesgesetz betreffend besonderer Maßna...

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