Skip to the main content

Collected Papers of the Faculty of Law of the University of Rijeka / Raccolta di scritti della Facoltà di giurisprudenza dell'Università di Rijeka / Gesammelte Schriften der Rechtswissen, Vol. 41 No. 1, 2020.

Preliminary communication

https://doi.org/10.30925/zpfsr.41.1.10

NEW REGULATORY FRAMEWORK FOR RELATED PARTY TRANSACTIONS

Antonija Zubović orcid id orcid.org/0000-0001-8238-3495 ; University of Rijeka, Faculty of Law, Rijeka, Croatia

Full text: croatian pdf 387 Kb

page 219-240

downloads: 3.696

cite

Abstract

In the article author analyses the new regulatory framework for related party transactions adopted in the revised Shareholders' Rights Directive (SRD II), which was transposed into Croatian law by the amendment of the Companies Act 2019. The protection of the company and minority shareholders is prescribed by the provisions of prior approval of related party transactions and increasing the transparency requirements of related party transactions. The paper analyses the adopted provisions and open issues in their implementation and compares them with the solutions adopted in German law and the proposed amendment to the Slovenian Companies Act.

Keywords

related party transactions (RPTs); related party; transparency; International accounting standard 24 (IAS 24); Shareholders' Rights Directive

Hrčak ID:

238316

URI

https://hrcak.srce.hr/238316

Publication date:

15.5.2020.

Article data in other languages: croatian german italian

Visits: 5.793 *