13/02/2015

Amendment of corporate enterprises act for the improvement of corporate governance

Amendment of corporate enterprises act for the improvement of corporate governance

On December 4, 2014, Spain’s Official State Gazette has published Act 31/2014 which modified the Corporate Enterprises Act with the aim of improving corporate governance. Thus, the principal novelties concerning the general meeting of shareholders and the board of directors are the following: 1. Matters reserved to the responsibility of the general meeting. The Act.