In retrospect, 2023 has been a breakthrough year for Slovak corporate law. Only a few months since the adoption of new M&A legislation and the introduction...

In Slovakia, the exercise of powers by company executives like managing directors or board members involves a relatively wide range of legal obligations and liabilities.

Under the Banking Act, banks and branches of foreign banks can establish a Joint Banking Register which will facilitate the preparation, conclusion and performance of clients' trades and evidence the activities of banks and branches of foreign banks.

On 18 October 2013, the National Council of the Slovak Republic adopted an amendment to the Slovak Commercial Code, Act No. 357/2013 Coll.

This article refers to situations where a director of a Slovak company (i.e., a person appointed to be the statutory representative) is in parallel engaged as an employee, occupying a senior management position such as CEO, CFO, COO, etc., in the same company.

The transposition of the 4th AML Directive (EU Directive 2015/849) to Slovak legislation obliges Slovak companies and other legal persons, including non-profit organisations, to disclose their UBOs.

Is the formal restructuring of distressed businesses a real option, or is it simply the last stop before the terminus? The SkyEurope story offers some important insights.

A new competition act will come into force in Slovakia on 1 June 2021, replacing the former competition act applicable since 2001.

A major amendment to Slovak Act No. 153/1991 Coll. Commercial Code (the "Commercial Code") and related legislation entered into force on 1 October 2020.

As a part of its anti-corruption agenda, the Slovak government introduced a contracts publication duty as from 1 January 2011. Various practical difficulties have emerged since then.

Slovak Banks are currently subject to legislative restrictions and consumer claims, mainly for charges and arbitration clauses.

The Slovak Commercial Code has recently been amended, with the new measures put into effect gradually in November 2017 and January 2018.

Effective 1 March 2024, financial assistance, i.e., the so-called whitewash procedure, is allowed for joint-stock companies, subject to certain conditions.