23 March 2020 – Relaxed regulatory requirements for various legal entities

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Business support
Sectors Involved: Emergency government
Level of Jurisdiction: National
Lead People/Agency:

Overview: The German Government updated the regulatory rules for various legal entities to ensure continuous operation during COVID-19.

These include the option to hold a fully virtual general meeting without the physical presence of shareholders, allowing shareholders to participate or vote electronically at an attendance meeting without being authorized to do so by the Articles of Association, convene an Annual General Meeting with a shortened period of notice (21 instead of 30 days) and others.
Full details here: https://www.bmjv.de/DE/Themen/FokusThemen/Corona/Downloads/032320_FAQ_GesR.pdf?__blob=publicationFile&v=2