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.

On 15 January 2020 President Donald J. Trump and Chinese Vice Premier Liu He signed a "Phase One" agreement between the United States and China,...

Heralded as a "new step in France's economic transformation", the recently adopted Pacte Act aims to liberate companies from the burden of certain obligations and ensure they are better funded,

According to the President, Uber B.V.'s services therefore fall outside the scope of the Ordinance.

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.

On 24 May 2023, the European Commission (Commission) adopted the Retail Investment Strategy as part of its 2020 capital markets union action plan. The primary objective is to reinforce...

The crypto industry was shocked and rocked by the collapse of FTX Trading LTD, a centralized crypto-trading platform operating through a web of more than 100 entities spread over 5 continents, with Alameda Research being its trading arm.

On October 27, 2023, the FTC approved an amendment to the Safeguards Rule (the "Amendment") requiring that non-banking financial institutions notify the FTC in the event of a defined...

The National Bank of Belgium (NBB) has issued a new Circular on outsourcing arrangements (Circular NBB_2019_19)

The European Market Infrastructure Regulation1 (EMIR) came into force on 16 August 2012 and was the European response to the G20 commitment to implement measures to increase transparency

It's now close to two years since the Sustainable Finance Disclosure Regulation (SFDR) was implemented in the EU. The ESG-focused regulation tests the disclosure level of financial market participants...

Despite being ubiquitous in capital markets documentation, the trustee's liability standardunder English law governed documents often proves a contentious provision to negotiate.

A key point that market participants should be clear on from the outset: AIFMD II brings changes to the regulatory framework applicable to both Alternative Investment Funds (AIFs)...

The new International Financial Reporting Standard 16 Leases (IFRS 16) has taken effect, and the companies using IFRS shall adopt IFRS 16 for accounting periods beginning on or after 1 January 2019.

The Belgian legislator has completed the implementation of AIFMD II through the Law of 22 July 2026, introducing significant regulatory changes for investment funds and their managers. Beyond the mandatory transposition, Belgium has introduced welcome flexibilities including expanded permitted activities for UCITS management companies and AIFMs, streamlined share class creation processes, and relaxed fit and proper requirements for certain fund managers.

Through a law enacted on 20 December 2023, Belgium has (re)introduced the banker's oath.

In recent years, cases of payment fraud have seen a steady increase in Belgium, with the FSMA reporting that in 2024 it received 20% more reports of fraud-related activities...

We are delighted to send you our latest e-newsletter, setting out recent regulatory developments of interest to financial institutions.