News
28 February 2022
On 24 February 2022, the EU adopted sanctions against Russia after the invasion of Ukraine. The sanctions prohibit the export of dual use goods that can contribute to Russia’s defence and security capabilities, public financing or financial assistance for trade with, or investment in Russia; prohibit the export of goods and technology for use in oil refining and impose a set of prohibitions in aviation sector. In addition, the measures ban a range of financial interactions and transactions with Russia.
On 28 February 2022, the EU introduced further sanctions, in particular prohibition on all transactions with the Central Bank of Russia and prohibition on overflight of EU airspace and on access to EU airports by Russian carriers. On 1 March 2022, the EU excluded Russian banks from the SWIFT system and suspended the transmission and distribution of certain State-owned disinformation outlets.
15. marts 2022
On 9 March 2022, the EU introduced sanctions against the export of maritime navigation goods and radio communication technology to Russia. On 15 March 2022, the EU introduced another package of sectoral economic measures regarding further financial and trade prohibitions.
Denmark follows the sanctions adopted by the EU, but has also, by Act no. 409 of 31 March 2022, introduced special restrictions for transactions with Russia and Belarus involving money and securities in Danish kroner and amended the Anti Money Laundering Act to include also such sanctions introduced by Danish legislation to be covered by the Anti Money Laundering Act.
More information can be obtained at
https://www.sanctionsmap.eu/#/main/details/26/search=%7B%22value%22:%22%22,%22searchType%22:%7B%7D%7D
20 January 2020
Seminar on INCOTERMS ® 2010 for Confederation of Danish Industry in Copenhagen*
The Seminar complies with the requirements for Lawyers’ and associate lawyers’ supplementary training. 3 lessons.
15 January 2020
Seminar about INCOTERMS® 2020 for BPI, Gentofte
8 January 2020
Seminar about INCOTERMS® 2020 for Danish Industries Federation, Silkeborg
6 September 2019
ICC Paris publishes INCOTERMS® 2020 for use from 1 January 2020
15 April 2019
The Danish Companies Act is amended through Act no. 445 of 13 April 2019, reducing the minimum capital for public limited liability companies to DKK 400,000 kr. and for private limited liability companies to DKK 40,000. At the same time the opportunity to incorporate entrepreneurial (IVS) companies (with a minimum capital of DKK 1) is abolished and existing IVS companies must be transformed into private limited liability companies or other type of companies no later than 15 April 2021 or closed down. The act becomes effective on 15 April 2019.
01 July 2018
The Danish Companies Act Sect. 225, para.1, introduces as sanction opportunity to the Danish Business Authority to ask the courts to unwind a company in the event that no registration of beneficial owner has been filed in the public register. Existing companies were originally given until 1 December 2018 to make such registration of beneficial owners – or ”no beneficial owners exist” – and new companies registered after 1 December 2018 should make the registration within 2 weeks.
25 May 2018
The GDPR Regulation enters into force in all EU countries and replaces the Personal Data Act of 2000.
21 December 2017
The Sale of Goods Act, 4th edition, was published by Thomsons Forlag
28 september 2017
Seminar about INCOTERMS® 2010 for Confederation of Danish Industry.
May 2017
Requirements for registration of real owners come into force. For existing companies, registration must have taken place no later than 1 December 2017, and in future real owners and changes in it must take place within 14 days of the change.
