Act 31/2014, of December 3, amending the Capital Companies Act for improving corporate governance

BOE 293, December 4, 2014

The Reform changes significant aspects of Spanish corporate law, mainly affecting the General Meetings and Shareholder Rights regime and the Directors and Board of Directors Statute.

The reform applies to listed and non-listed companies, including public limited liability companies (sociedades anónimasSAs”) and private limited companies (sociedades limitadasSLs”).

Legal Update – Spanish Corporate Governance Reform