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.

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.

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.

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.

January 2025 – With effect from 15 January 2025, Slovak Act No. 297/2008 Coll. on the Protection against Legalisation of Proceeds from Crime and on the Protection against Financing of Terrorism (the AML Act).

May 2018 – The 4th AML Directive (EU Directive 2015/849) has recently been transposed to the Slovak Act on Money Laundering (the "AML Act").

Counterfeiting is not an abstract threat for brands like Louis Vuitton. It is an everyday reality. LV's signature monogram and its iconic brown-and-gold palette are among the most copied visual identities in the world. Protecting them is not optional, it is existential. But as LV's enforcement record grows, so does a more complicated question: where does protection end and overclaiming begin?

The Ministry of Justice of the Slovak Republic has presented a draft of a new Act on the Commercial Register (the Draft Act), which should replace the currently valid and effective Act No. 530/2003 Coll.

New Slovak legislation on preventive restructuring – "An ounce of prevention is worth a pound of cure."

In Slovakia, M&A transactions are primarily governed by the Commercial Code and the Securities Act. Certain sectors, e.g. banking or insurance, are further regulated by specific laws such as the Banking Act or the Insurance Companies Act.

In Slovakia, M&A transactions are primarily governed by the Commercial Code and the Securities Act.