16 results found

The Court of Justice of the European Union has ruled that Latvian legislation requiring unrestricted public access to shareholder information violates fundamental rights protections under the EU Charter. While the Court acknowledges the legitimacy of anti-money laundering, counter-terrorism, and sanctions objectives, it finds that these goals can be achieved through less intrusive measures that restrict access to competent authorities, obliged entities, and persons with legitimate interests. The judgment le

In October 2017, the Belgian Anti-Money Laundering Act (Belgian AML Act) entered into force.

In the Chancellorʼs 2019 Mansion House dinner speech, delivered on 20 June 2019, Philip Hammond announced a review of the UK regulatory framework and payments landscape in 2019.

The Belgian Parliament has recently approved the draft bills recasting the first and second book of the Belgian criminal code. The reform aims at making the criminal code clearer and more accessible...

On 20 July 2021 the European Commission published the long-awaited package of legislative proposals, in implementation of the Commission Action Plan of 7 May 2020.

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

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...

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 recast regulation extends the application of the Travel Rule to transfers of crypto-assets in a significant step in the fight against money laundering...

On 29 June 2022, the main European institutions reached a political agreement on the text, which will soon be put to a vote in the European Parliament.

As a result of the implementation of the 4th (and, in part, 5th) EU Anti-Money Laundering Directive(s) into Belgian law, companies incorporated in Belgium and other legal entities are required to identify and collect information ...

The European Union is implementing its most comprehensive overhaul of payment services regulation since PSD2, merging payment services and electronic money frameworks into a unified system through the new Payment Services Regulation and Third Payment Services Directive. This reform introduces mandatory fraud prevention measures, a harmonized authorization regime, and enhanced open banking requirements that will fundamentally reshape compliance obligations for financial institutions across the EEA.

Avec un nouveau retard, la loi portant dispositions diverses en matière d'économie et l'arrêté royal relatif au service bancaire de base pour les entreprises ont finalement été promulgués...