The Group will assist the Commission in the preparation of new initiatives in company law. The expertise of its members should help, in particular:
- to improve the mechanism of cross-border mergers;
- to develop initiatives on cross-border divisions and on “groups of companies”.
These issues had been identified in the Report of the Reflection Group on the Future of EU Company Law, which proposed a number of initiatives in the area of company law aiming at improving the framework of and removing barriers to cross-border operations of EU companies.