Milieu completes study on the transposition of the EU Cross-Border Mobility Directive

Milieu has completed a study assessing the transposition of Directive (EU) 2019/2121 on cross-border corporate operations (conversions, mergers and divisions) for the European Commission’s Directorate-General for Justice and Consumers (DG JUST).

The Directive amends Directive (EU) 2017/1132 on company law by introducing new rules that enable companies to restructure and move across borders in line with their freedom of establishment. It also establishes safeguards against fraud and abuse, protects the interests of shareholders, creditors and other stakeholders, and ensures that employees’ rights to information, consultation and, where applicable, participation are upheld during cross-border operations.

In addition, the Directive strengthens the role of the Business Register Interconnection System (BRIS) by expanding digital exchanges of information between national business registers, facilitating more efficient cross-border operations across the EU.

With the support of its network of national experts, Milieu assessed the full and correct transposition of the Directive across all EU Member States. The findings of the study will support the European Commission in identifying potential gaps in implementation and, where necessary, pursuing infringement proceedings.