On Wednesday 13 March, Europe’s co-legislators reached agreement on a regulation that aims to generalise and develop the use of digital tools and processes in EU company law. The EU Council adopted its position on 14 February (see EUROPE B13351A7).
The primary aim of the regulation is to facilitate cross-border exchange of data and reduce the administrative burden on businesses. The text of the compromise is along these lines: the rules agreed by the co-legislators must ensure that all...