In its judgment of 15 June 2009, the President of the Brussels Commercial Court held in summary proceedings that the foreclosure of a pledge (pand/gage) on the bank accounts of a company under judicial composition could be considered as an abuse of a right when it may jeopardise the continuity of the company.

The new Belgian Code of Companies and Associations ("BCCA") which enters into force on May 1, 2019, will significantly impact banking transactions involving Belgian companies.

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

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

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).

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

This client memo intends to give you a brief overview of the CRD III transposition in Belgium and addresses certain key implementation issues, including questions that various clients have posed to us in the past weeks

Belgium has adopted its CRD VI transposition law, introducing a harmonised regime that requires non-EEA banking institutions to establish NBB-authorised branches when providing core banking services in Belgium. The new framework, which takes effect on 11 January 2027, marks a significant shift from Belgium's previous approach that generally permitted cross-border lending without local authorisation.