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  • Article

    Belgium Bans Short Selling On Banks

    On August 11, 2011, the Belgian financial regulator, the Financial Services and Markets Authority (FSMA) has amended the rules governing short selling of shares issued by certain financial institutions listed on Euronext Brussels and in related derivatives.
    BelgiumFinance and Banking
    Stibbe
    Stibbe
  • Article

    Belgium Introduces Covered Bonds

    On 3 August 2012 Belgium enacted a law creating a legal framework for Belgian covered bonds, thus joining the numerous European States that have already legislated on the matter.
    BelgiumFinance and Banking
    McGuireWoods LLP
    McGuireWoods LLP
Article

President of Brussels Commercial Court Limits Enforcement of Securities during Judicial Composition Procedure

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.
BelgiumFinance and Banking
Van Bael & Bellis
Van Bael & Bellis
  • Article

    Instant Payments Regulation Published In The Official Journal!

    In a previous e-zine, we discussed a Commission proposal (the Proposal) to accelerate the rollout of instant payments.
    BelgiumFinance and Banking
    Lydian
    Lydian
  • Article

    European Commission Adopts New Guidelines On The Setting Of Fines For Antitrust Infringements

    "Don’t break the anti-trust rules; if you do, stop it as quickly as possible, and once you’ve stopped, don’t do it again." With these words, Neelie Kroes, the European Commissioner for Competition, has announced new Guidelines on the setting of fines for infringements of the EU antitrust rules, relating to restrictions of competition and abuse of a dominant position.
    BelgiumAntitrust/Competition Law
    Gibson, Dunn & Crutcher LLP
    Gibson, Dunn & Crutcher LLP
  • Article

    International Tax Planning: Belgium is Taking Steps to Enhance its Attractiveness

    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.
    BelgiumTax
    Jones Day
    Jones Day
  • Article

    Making Financial Services More Accessible

    On 17 April 2019, the EU legislator adopted Directive 2019/882 on the accessibility requirements for products and services (the "Accessibility Act") to establish common accessibility requirements for certain key products...
    BelgiumFinance and Banking
    Simont Braun
    Simont Braun
  • Article

    Reform Of Security Interests In Movable Assets

    Belgium has adopted new legislation on the creation and enforcement of security interests in moveable assets.
    BelgiumFinance and Banking
    NautaDutilh
    NautaDutilh
  • Article

    What Is The Impact Of The New EU Instant Payments Regulation On The Payment Sector?

    On 3 March 2024, the EU Council and Parliament approved Regulation 2024/886 on instant credit transfers in euro, also called the Instant Payments Regulation (IPR).
    European UnionFinance and Banking
    Osborne Clarke LLP
    Osborne Clarke LLP
  • Showing 1–9 of 9 results

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