The Amended Shareholders’ Rights Directive adopted in 2017 pushed the regulation of related party transactions high up on the Member States’ legislative agenda. The Directive requires binding rules addressing related party transactions in listed companies. This article takes a closer look at the discussions and negotiations in the EU institutions leading up to the Directive adopted and ends with some reflections on the EU legislative process, drawing on my decades long ministerial experience of negotiating and implementing EU legislation in the field of company law, including this one.

中文翻译：

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关联方交易——仔细观察新欧盟制度的出现

2017 年通过的修订后的股东权利指令将关联交易监管提升到成员国立法议程的重要位置。该指令要求处理上市公司关联交易的具有约束力的规则。本文仔细研究了欧盟机构在指令通过前的讨论和谈判，并以我数十年来在公司领域谈判和实施欧盟立法的部长级经验总结了对欧盟立法程序的一些思考。法律，包括这个。