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Document 52022PC0702
Insolvency laws: increasing convergence of national laws to encourage cross-border investment
Proposal for a DIRECTIVE OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL harmonising certain aspects of insolvency law
- Initiative summary:
- This initiative aims to address the main discrepancies in national substantive insolvency laws, which were recognized as obstacles to a well-functioning Capital Market Union. Efficient insolvency laws are among key criteria for investors to decide on whether to invest cross-border. Enhancing confidence in cross-border financing will boost the capital markets in the Union.
- EuroVoc thesaurus:
- fundamental rights; judicial proceedings; debt; liquidation; financial solvency; claim; investment; free movement of capital; company in difficulties; cross-border cooperation
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- Documents:
- Ares(2020)6591479 (Inception impact assessment)
- Leading service:
- Directorate-General for Justice and Consumers
- Planned adoption period:
- 01/04/2022 - 30/06/2022
- Check the status of this initiative on the Better Regulation Portal
-
- Consultation type:
- Stakeholder feedback
- Consultation duration (weeks):
- 4
-
- Consultation type:
- Public consultation
- Consultation duration (weeks):
- 12
-
- Documents:
-
COM/2022/702 final (Proposal for a directive)
SWD/2022/395 final (Impact assessment)
SWD/2022/396 final (Summary of impact assessment) - Leading service:
- Directorate-General for Justice and Consumers
-
- Consultation type:
- Stakeholder feedback
- Consultation duration (weeks):
- 8