Denmark Legal Update Q3 2019

10.16.2019

Kromann Reumert provides you with insight into the latest legal news in Denmark across practice areas and industries. In this edition we keep you updated on some of the most relevant news in Q3 2019.

NEW BILL AMENDING THE SELF-CLEANING RULES

On 9 July 2019, the Danish Competition and Consumer Authority published for consultation a Bill amending the Danish Public Procurement Act. In this newsletter we will look at the Bill and its importance.

 

Published 11 July 2019

 

 

CONTROL OF THE ESPD DOCUMENTATION?

Correct and sufficient documentation of the information contained in an ESPD is essential to the contracting entity in connection with EU procurements. The Competition and Consumer Authority has just released an updated version of their memo on ESPD documentation, including latest practice.

 

Published 5 September 2019

 

MATERIAL RELATED PARTY TRANSACTIONS ARE SUBJECT TO APPROVAL AND DISCLOSURE

On 10 June 2019 the rules in the Danish Companies Act on approval and disclosure of transactions between a listed company and its related parties came into effect. The rules intend to ensure sufficient transparency for shareholders of listed companies, and that transactions with related parties are concluded on normal market terms.

 

Published 18 September 2019


 

BREXIT: MAIN TAKE-AWAYS FROM THE DANISH GOVERNMENT'S BREXIT PRESS CONFERENCE

On 18 September 2019 the Danish Government held a press conference where the ministers of taxation, foreign affairs and trade presented which initiatives were or would be undertaken to prepare Denmark for a no-deal Brexit on 31 October 2019.

 

Published 19 September 2019