Jurisdiction(s):
United Kingdom and Ireland

Key definition

Harmonisation definition

What does Harmonisation mean? Harmonisation describes the practical process of aligning laws, regulations and standards across jurisdictions so that materially similar rules apply, reducing regulatory divergence, compliance costs and barriers to cross‑border activity. The term is a descriptive expression rather than a single defined concept in UK or Irish legislation. In EU law (relevant to Ireland), it commonly refers to the approximation of laws through regulations and directives. Instruments may provide for minimum harmonisation (setting a floor and permitting stricter national rules) or maximum/full harmonisation (precluding national divergence). In England & Wales, Scotland and Northern Ireland, usage is consistent with the above, though since Brexit there...

EU Restructuring and Second Chance Directive 2019/1023: consolidated comparative table of national implementation—proceedings, entry criteria, voting, cram down and Annex A status (EU Member States and UK)

Published by a LexisNexis Restructuring & Insolvency expert

Practice notes

Lexis+® UK is partnering with INSOL Europe on a joint initiative to gather contributions from INSOL Europe’s Members and Country Co-ordinators, illustrating how EU Member States have put into effect Directive (EU) 2019/1023 of the European Parliament and of the Council of 20 June 2019 on preventive restructuring frameworks, on discharge of debt and disqualifications, and on measures to enhance the efficiency of procedures concerning restructuring, insolvency and discharge of debt, and amending Directive (EU) 2017/1132 (the EU Directive). This Practice Note offers a high-level snapshot of selected headline features of the ways different EU Member States (together with the UK) have revised or adapted their insolvency and restructuring regimes to transpose the EU Directive. Practitioners should consult the full article for full detail and, in all cases, liaise with lawyers in the relevant jurisdiction to confirm measures in force and any effects of local circumstances or nuances on your matter. For an update from INSOL Europe’s members and Country Co-ordinators, see News Analysis: INSOL Europe/Lexis+® UK Joint Project on EU Harmonisation Directive 2019/1023: status update.

Implementation timing

The EU Directive has applied since 17 July 2019 (20 days after its publication in the Official Journal on 26 June 2019)...

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Web page updated on 21/05/2026

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