The Act of 17 December 2021 has extended the transitional measures provided for by the Act of 23 September 2020 until 31 December 2022. In practice, Luxembourg-based companies can hold either virtual board...

The upper house of the Dutch parliament (Eerste Kamer) has adopted the legislative proposal to amend the Dutch Personal Data Protection Act (Wet bescherming persoonsgegevens).

Further to publication by ESMA of guidelines on performance fees in November 2020 (applicable since 6 January 2021), the CSSF issued Circular CSSF 20/764 on 18 December 2020 and integrated the Guidelines into its administrative practice ...

On 1 July 2013 a number of important amendments to the Dutch company law rules will take effect.

On 10 May 2011, the upper chamber of the Dutch Parliament passed a bill implementing EU Directive 2009/109/EC – which is intended to simplify the reporting and documentation requirements in the case of mergers and divisions (demergers) – by means of amendments to Book 2 of the Dutch Civil Code.

The Enterprise Chamber of the Amsterdam Court of Appeal recently ruled on the compensation offered by the Dutch Minister of Finance in relation to the expropriation by the Dutch State of shares and subordinated debt issued by the SNS Reaal Group.

On 17 January 2012, the Converium collective settlements were declared binding by the Amsterdam Court of Appeal. As noted in our Update of 18 November 2010, in an interim ruling the Court had preliminarily assumed jurisdiction over a request to declare two international collective settlements binding in a case in which none of the potentially liable parties and only some of the potential claimants are domiciled in the Netherlands.

On 29 October 2012 the VVD (the Liberal Party) and the PvdA (the Labour Party) presented the coalition agreement for the envisaged new cabinet.

On 10 May 2011, the upper chamber of the Dutch Parliament passed a bill implementing EU Directive 2009/109/EC – which is intended to simplify the reporting and documentation requirements in the case of mergers and divisions (demergers) – by means of amendments to Book 2 of the Dutch Civil Code.

The Dutch State has nationalized the SNS Reaal bank and insurance group.

In a landmark case decided on 15 March 2013, the Dutch Supreme Court recognised the existence of a general legal privilege for in-house attorneys.

This summer, the European Commission issued a consultation paper on two proposals to reform the EU merger control system.

On 6 April 2012, the Omnibus Act of 29 March 2012, which introduces a number of important changes to employment law, was published in the Belgian State Gazette.

Background of the proposal is the EC's Digital Agenda for Europe, in which EC Vice President Neelie Kroes set out the ambition to realise broadband access of 30 Mbps for all household by 2020, at least 50% of all households should have access to a speed of 100 Mbps.

The socialist and liberal unions recently rejected the 2011-2012 draft interprofessional agreement (IPA), a cross-industry framework agreement concluded every two years that covers a number of important employment-related issues, such as the applicable percentage by which wages can be increased.

On 2 October 2012 the Lower House of the Dutch Parliament adopted a bill providing for the implementation of the Alternative Investment Fund Managers Directive in Dutch law.

A bill was sent to the lower house of Parliament under which the rules on cookies laid down in the Dutch Telecommunications Act will be relaxed.

The Prospectus Directive 2003/71/EC and the Prospectus Regulation No 809/2004 were amended by Directive 2010/73/EU and Regulations Nos 311/2012, 486/2012 and 862/2012 respectively.

On 12 May 2022, the CSSF published Circular 22/810 on the procedures to be followed by Luxembourg-based undertakings for collective investment in transferable securities (UCITS)...

On 21 December 2012, the Trade and Industry Appeals Tribunal (College van Beroep voor het bedrijfsleven, "CBb"), the highest court for competition cases in the Netherlands, ruled that ex-employees have the right to remain silent when interviewed in relation to alleged infringements of competition law involving their former employer.