The latest e-Codex newsletter pays attention to the European plans for interconnection of central, commercial and companies registers:
Around 20 million companies exist in the EU, each company being registered in one or multiple countries. Businesses increasingly expand beyond national borders using the opportunities offered by the European Single Market. Cross-border groups as well as a high number of restructuring operations, such as mergers and divisions, involve companies from different Member States. A cross-border cooperation of business registers is indispensable.
The business registry use cases are supported by recent developments at European level, with the adoption of Directive 2012/17/EU amending Council Directive 89/666/EEC and Directives 2005/56/EC and 2009/101/EC of the European Parliament and of the Council as regards the interconnection of central, commercial and companies registers. In this context Austria, France, Germany, Ireland, and Italy decided to pilot Business Register use cases, i.e. Cross Border Merger, Branch and Company Information Disclosure.
The first phase of this pilot will start with a Cross Border Merger use case. A task force has been set up with the piloting countries (IE, IT, DE, AT, FR) under the direction of France with the support of Ireland. The task force’s objective is to deliver the pilot before the end of 2014.
The e-CODEX message content will align to that required by the European Commission. Gateway and Connectors implemented in the piloting Member States will be used for gateway to gateway tests. Schemas will be finalised in June. Connector to connector tests will take place during the summer, with end-to-end tests in September. Piloting will go live in autumn.
In the second phase a BRIS (Business Registers Interconnection System) project & communication plan encompassing other aspects of the Directive 201/17/EU will be drafted.