The Belgian financial sector faces the entry into force on 15 January 2025 of a new disciplinary regime applicable to the banking sector and a compulsory bankers' oath...

The Financial Conduct Authority (FCA) has published new guidance on firms' approving financial promotions for unauthorised persons.

The European Parliament and European Council have finalised the text of a new Directive (AIFMD 2) which supplements the original Alternative Investment Fund Managers Directive (AIFMD) by creating new requirements in...

On 24 April 2024, the EU Parliament adopted the EU Listing Act. The Listing Act is part of a package of measures aiming to further develop the Capital Markets Union.

The Financial Conduct Authority (FCA) has updated its webpage on the new anti-money laundering (AML) and counter-terrorist financing (CTF) regime for...

Belgium fittingly celebrated its national holiday with the entering into force of its new prospectus act.

Belgium has long been considered an interesting jurisdiction for various tax-planning and structuring purposes. Capital gains on shares are normally tax-exempt, dividends can be received nearly tax-free, interest paid on loans taken out to acquire shares is still tax-deductible, and Belgium has had a very favorable tax system in place for companies with headquarters-type activities—the so-called coordination center regime.

The Court for the Defence of Competition has issued two decisions rejecting applications submitted by two card payment system associations (Sistema 4B and Servired) to obtain individual exemptions for their respective agreements on intra-system interchange fees (ie, fees applied to domestic consumer card transactions in retail outlets when the acquirer's and the merchant's banks are members of the same card payment system association).

The European Union ("EU") Anti-Money Laundering ("AML") package adopted by the European Parliament and the Council on May 31, 2024, represents a major shift in the fight against money laundering...

To make Belgium a more competitive and attractive place to establish business, the Parliament adopted the new Companies Code on 28 February 2019.

Legal regulations. From sales and liquidation sales to special offers, coupons, contests and price comparisons, retailers must strike a balance between effective marketing and legal compliance.

Today the EBA published a Peer Review Report on the authorisation of Payment Institutions (PIs) and Electronic Money Institutions (EMIs) by the national authorities / financial regulators.

The European Central Bank (ECB) working group on euro risk-free rates has published a report on the impact the transition from the euro overnight index average

No one has yet given their last word yet about the current financial environment.

The Paris office of Hogan Lovells is pleased to provide this English language edition of our monthly e-newsletter, which offers a legal and regulatory update covering

The EU has introduced Delegated Regulation (EU) 2025/1190, establishing the first harmonized standards for threat-led penetration testing ("TLPT") across the financial sector.

On 20 December 2024, the Belgian Parliament adopted the law transposing Directive (EU) 2021/2167 on credit servicers and credit purchasers...

The EU Deforestation Regulation (‘EUDR') was published in the Official Journal on 9 June 2023 and entered into force on 29 June 2023, marking the start of its implementation phase.