With the July 6, 2024 deadline for the implementation of the EU Corporate Sustainability Reporting Directive (EU) 2022/2464 (“ CSRD ”) approaching, a new landscape of reporting standards is beginning to take shape in Central and Eastern Europe (“ CEE ”). messages.

Three of the six countries of Central and Eastern Europe (Czech Republic, Hungary and Romania) adopted legislative acts at the beginning of 2024 that at least partially implement CSRD into national legislation. However, progress is slower in Slovakia, Bulgaria and Croatia.

For a comprehensive overview of progress so far in the transposition of the CSRD in the monitored countries, we recommend readers to view our detailed updates from December 2023 and February 2024. These reports delve into the specifics of the legislative development of individual countries and provide valuable information about the ongoing implementation process.

Slovakia

On April 25, Parliament adopted a new law implementing the CRSD. The wording of the law has not yet been officially published. The draft law, which was submitted to the parliament, proposed changes to several laws, namely the Accounting Act, the Commercial Code, the Stock Exchange Act, the Commercial Register Act and the Statutory Audit Act. The most important amendments concern the Accounting Act and the Audit Act. (Jan Lehký, Olena Kuchynská, more at lexology.com)