
Corporate Law
End of the pledge prohibition: more room for financing?
4 June 2025
On 1 July 2025, the Act on the Abolition of Pledge Prohibitions will enter into force. Under current law, it is still possible to contractually exclude the assignment or pledging of a receivable. This will be prohibited under the new legislation. The aim of the Act is to make it easier for businesses to obtain external financing by removing restrictions on the use of receivables as collateral.