Shareholders Rights Directive II: Implementation

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ELVINGER HOSS PRUSSEN, société anonyme

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Independent in structure and spirit, Elvinger Hoss Prussen guides clients on their most critical Luxembourg legal matters. Committed to excellence and creativity in legal practice, our firm delivers the best possible advice for businesses, institutions and entrepreneurs, playing a unique role in the development of Luxembourg as a financial centre.
Depending on certain procedural aspects of the legislative process, the new law should become applicable either in the course of July, or early August 2019.
Luxembourg Corporate/Commercial Law

On 10 July 2019, the Luxembourg law implementing the Shareholders Rights Directive II ( (EU) 2017/828) ("SRD II") was voted for by the Luxembourg Parliament (Chambre des Députés) (first constitutional vote).

Depending on certain procedural aspects of the legislative process, the new law should become applicable either in the course of July, or early August 2019.

For further information on the changes introduced by SRD II, please see the article " Shareholders Rights Directive: 10 June 2019" which was published in our June 2019 Newsletter.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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