Mazanti Pulse

Delivering news, insights and free legal documents to players in the Danish venture capital and private equity industry.

19 Sep 2023Financial RegulationUpdates

Proposal to amend the PRIIP Level 1 Regulation

The European Commission has earlier this year published a number of targeted proposals to amend the PRIIP Level 1 Regulation, implementing more modern rules on how a PRIIP Key Information Document (KID) is provided to investors. The proposed changes aim to change the content of the (KID) which must be provided to retail investors before investing.

KID / PRIIPS
19 Sep 2023Impact and ESGUpdates

Status on the CSDD Directive

On 13 September 2023, the Danish Corporate Governance Board published their annual account for 2022-2023. The account contains a status on the CSDD Directive which is still negotiated in the EU.

Sustainability

Mazanti Pulse

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4 Sep 2023Impact and ESGUpdates

Memo from the Danish Financial Supervisory Authority on periodic reporting

On 30 August 2023, the Danish Financial Supervisory Authority (“DFSA”) published a memo describing the requirements in SFDR art. 11 for periodic reporting.

ComplianceDisclosure RequirementsSustainability
22 Aug 2023Impact and ESGUpdates

New reports on the understanding of greenwashing

The progress reports are a result of a push from stakeholders requesting greater market integrity, investor protection and trusted environments for sustainable investments as sustainability has become an important competitive factor.

ESMASustainability
11 Aug 2023Impact and ESGUpdates

European Sustainability Reporting Standards have been adopted

On 31 July 2023 the European Commission adopted European Sustainability Reporting Standards (ESRS) which are mandatory standards for companies under CSRD to use when reporting on sustainability information.

Sustainability
7 Jul 2023Updates

Revision of the Investment Screening Act has entered into force

On 1 July 2023, a revision of the Investment Screening Act (the “Act”) entered into force. The revision revolves around two areas: public contracts and administrative procedures.

Danish RegulationGovernance
9 Jun 2023Impact and ESGUpdates

Updated guide on the SFDR and Taxonomy Regulation

The updated guide takes regulation and guidance from public consultations and Q&A’s since July 2022 into account. Further, it reflects the most recent market practice on the application of the regulations.

ComplianceDisclosure RequirementsSustainability

Impact & ESG

24 Feb 2021Impact and ESGTrends

ESG & Impact: How To Go About It

Many investors (from business angels to mature stage investor) focus on how to develop and implement responsible investment practices specifically for their own organisation. We believe it’s key for investors to first consider what they want to achieve as well as why and how. That mission should be reflected throughout the investment process and portfolio management.

Sustainability
24 Feb 2021ArticlesImpact and ESGTrends

ESG & Impact: Investment Process and Portfolio Management

We aim to provide guidelines for those starting to implement ESG policies, as well as those wishing to develop their existing processes.

Sustainability
18 Dec 2020Impact and ESGTrends

Challenges Regarding ESG Frameworks

The consideration and assessment of Environmental, Social and Governance factors is becoming a key driver for investor’s decision-making. The challenge for both investors and companies lies in the substantial number of frameworks that already exists for ESG reporting.

Sustainability

Document Generator

1. Articles of Association

The rules for the company defining i.a. the responsibilities of the management, the kind of business to be undertaken, and how the shareholders exert control over the company. The articles of association may be altered during the lifetime of the company by the general meeting.

2. Memorandum of Association

The resolution made by the founders to form the company. The memorandum is not altered during the lifetime of the company.

3. Rules of Procedure of the Board of Directors

The internal regulations of the company's board of directors in conducting its business.

4. Shareholders’ Register

The company’s register of its shareholders and the allocation of the share capital and votes between them.

1. Term Sheet

A (non-binding) commercially negotiated agreement setting forth the basic terms and conditions under which an investment will be made. It serves as a template to develop more detailed legally binding documents.

2. Investment Agreement

An agreement establishing the terms of an investment specifying such things as the amount of the investment and the rights and obligations of the investor, the founders and the target company.

3. Shareholders’ Agreement

An agreement amongst the shareholders of the company setting forth how the company should be operated and regulates shareholders' rights and obligations.

4. Appendices

Appendices to the finance documents will include: Articles of Association, Minutes of General Meeting, Minutes of Initial Board Meeting, Warranties, Rules of Procedure.

Our Docs Generator gives you access to tailor-made legal documents and it’s made available to you free of charge.