Philippines introduces new mandatory requirements for Corporations, Partnerships, Associations, and Individuals
In the Philippines, the Securities and Exchange Commission (SEC) has recently released a Memorandum Circular (MC) 28-2020.
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Austria introduces a requirement of legalisation when making share transfers
Following the recent decision by the Austrian Supreme Court 23/4/2020, 6 Ob 59/20z, it was announced that any purchase and/or transfer of limited liability company (GmbH) shares shall be considered null and void if a notarial deed is missing.
Belgium allows remote participation and voting at shareholders' meetings
As of 20 December 2020, a new regulation in Belgium was implemented allowing members of such types of entities, as SA/NV, SRL/BV, SC/CV, and A(I)SBL/(I)VZW, to participate in their shareholder’s meeting remotely.
Canada: Federal entities must follow the usual statutory rules for presenting financials and holding AGMs in 2021
The recently issued notice by Federal Canada provides that the extension for providing financials and holding annual general meetings (AGMs) ended on 31 December, 2020 and no longer applies.
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