18 results found

Asia has historically been a bank-financed market. Debt structures have typically been straightforward and banks have traditionally been able to service the needs of corporates for both event-driven

Belgian family offices and fund-of-funds utilizing the Privak regime face unique challenges when investing through Luxembourg structures, particularly regarding tax-neutral status requirements and participation exemption conditions. The look-through treatment of transparent entities like SCSps can create complications with underlying assets, prompting the need for alternative structuring solutions that maintain compliance while accommodating diverse investor bases.

This RD is an amendment to the RD of 13 July 2014 on regulated real estate companies (B-REITs).

The Situation: Belgium's Law of October 22, 2017, modifies the REIT Regime by broadening the scope of REIT activities and relaxing the country's existing regulatory framework for REITs.

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...

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...

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 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.

The long awaited ‘AIFMD II' proposal was published by the European Commission in November 2021. It contains the proposal to amend amongst others the AIFMD Directive 2011/61/EU.

The Brexit decision has raised questions as to whether London's role as the financial capital of Europe may be altered and therefore open the way for other European cities to reposition themselves as financial centers.

On 3 August 2012, the Belgian Parliament adopted long-awaited legislation on covered bonds as well as an act on the use of receivables for financing purposes.

While Belgian companies proved to be keenly interested in bond issues since the credit crash, either they often turned to the Luxembourg's supervisory authority to obtain the green light for their prospectus and 'passported' it afterwards into Belgium, or gave priority to offerings addressed solely to institutional investors which do not require a prospectus.

Since 2 February 2022, management companies of AIFs and UCITs must comply with the new ESMA Guidelines on Marketing Communications which further outline the harmonised marketing communication requirement across the EEA ...

The aim of the law is basically to clarify and consolidate in one statute the currently existing legislation on insurance contracts, intermediation and supervision.

Under the current Belgian REIT regime, an undertaking investing in real estate can either take the form of (i) a SICAFI/Vastgoedbevak...