Czech Chamber of Deputies

Proposal for a DIRECTIVE OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL amending Directive 2007/36/EC as regards the encouragement of long-term shareholder engagement and Directive 2013/34/EU as regards certain elements of the corporate governance statement

Scrutiny details

Subsidiarity deadline: 10/06/2014
 
Scrutiny Information

Scrutiny date: 22/05/2014

Subsidiarity Concern:

No Important information to exchange

No Veto

Information on parliamentary scrutiny


The government submitted EU document 8847/14 to the Chamber of Deputies on 4/11/2014.
Committee for European Affairs decided on 4/17/2014 by resolution No. 49 to discuss the document and appointed the member Mr. Marek Černoch as rapporteur.
Committee for European Affairs at its 12th meeting on 5/22/2014 by resolution No. 63


1. takes into account the Proposal for a Directive of the European Parliament and of the Council amending Directive 2007/36/EC as regards the encouragement of long-term shareholder engagement and Directive 2013/34/EU as regards certain elements of the corporate governance statement
2. agrese in general with the aim of introducing greater accountability of members of the bodies of the company, which has been reinforced by its adoption of a new civil legislation, and also with a view to greater involvement of shareholders in the company's management
3. considers, however, that the EU intervention in the internal relations of private operators should occur with the greatest caution and only in really justified cases
4. considers that it is detrimental to legal certainty that the proposal for a Directive amending and supplementing Directive 2013/34/EU also of 26 June 2013 on the annual accounts, the consolidated financial statements and related reports of certain types of undertakings, amending Directive of the European Parliament and Council 2006/43/EC and repealing Council Directives 78/660/EEC and 83/349/EEC, and it does so at a time when the unexpired period for its transposition into national legislation of the Member States
5. takes into account the government framework position on the Proposal for a Directive of the European Parliament and of the Council amending Directive 2007/36/EC as regards the encouragement of long-term shareholder engagement and Directive 2013/34/EU as regards certain elements of the corporate governance statement




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