Feed

20/05/2022
Amended IC­SID Rules to enter in­to force on 1 Ju­ly 2022
On 21 March 2022, the Mem­ber States of the In­ter­na­tion­al Centre for Set­tle­ment of In­vest­ment Dis­putes (IC­SID) ad­op­ted a com­pre­hens­ive set of amend­ments to IC­SID ar­bit­ra­tion and con­cili­ation rules (“IC­SID...
20/05/2022
DEBRA – The new EU tax ini­ti­at­ive aim­ing at pro­mot­ing a fair and sus­tain­able...
With­in the EU a wide­spread asym­metry ex­ists between debt and equity fin­an­cing. Usu­ally, in­terest is tax de­duct­ible from the cor­por­ate in­come tax base while di­vidends do not be­ne­fit from such ad­vant­age...
20/05/2022
Pri­or­it­ies of the Bel­gian Com­pet­i­tion Au­thor­ity for 2022
On 12 May 2022, the Bel­gian Com­pet­i­tion Au­thor­ity (the “Au­thor­ity”) is­sued its an­nu­al com­mu­nic­a­tion set­ting out its policy pri­or­it­ies for the cur­rent year. This pub­lic­a­tion, which has ex­is­ted since...
19/05/2022
Can­nabis law and le­gis­la­tion in Bel­gi­um
Med­ic­al use In prin­ciple, the cul­tiv­a­tion, im­port, sale and pos­ses­sion of (medi­cin­al or re­cre­ation­al) can­nabis is not al­lowed un­der Bel­gian law.An ex­cep­tion is made for the cul­tiv­a­tion of hemp with a...
18/05/2022
Trade secrets in Bel­gi­um
Gen­er­al 1. Has the Dir­ect­ive (EU) 2016/943 of the European Par­lia­ment and of the Coun­cil of 8 June 2016 on the pro­tec­tion of un­dis­closed know-how and busi­ness in­form­a­tion (trade secrets) against their...
Comparable
05/2022
CMS In­fra­struc­ture & Pro­jects Glob­al Bro­chure
To meet do­mest­ic and glob­al growth ex­pect­a­tions a huge amount of in­fra­struc­ture will need to be built, re­built, re­fur­bished or ret­ro­fit­ted. The scale and in­vest­ment re­quired to plug this in­fra­struc­ture...
12/05/2022
10 key as­pects of the re­vised EU com­pet­i­tion law in the field of dis­tri­bu­tion...
The new Ver­tic­al Block Ex­emp­tion Reg­u­la­tion (VBER) and the new ac­com­pa­ny­ing Ver­tic­al Guidelines (VGL) were pub­lished on 10 May 2022. The new VBER will enter in­to force on 1 June 2022 and ap­ply for the...
12/05/2022
Ab­use of eco­nom­ic de­pend­ency in Bel­gi­um – cur­rent state of af­fairs
The pro­hib­i­tion on ab­us­ing an un­der­tak­ing’s eco­nom­ic de­pend­ency, which came in­to force on 22 Au­gust 2020, tar­gets a situ­ation where an un­der­tak­ing ab­uses the eco­nom­ic­ally de­pend­ent po­s­i­tion of an­oth­er...
11/05/2022
Om­ni­bus Dir­ect­ive fi­nally trans­posed in­to Bel­gian law
The Bel­gian Par­lia­ment ad­op­ted the Act that trans­poses the European Om­ni­bus Dir­ect­ive N° 2019/2161, which aims at bet­ter en­force­ment and mod­ern­isa­tion of con­sumer pro­tec­tion rules. The new Act will be...
11/05/2022
The Gen­er­al Court of the EU con­firms the leg­al­ity of the res­cue aid to...
On 4 May 2022, the Gen­er­al Court of the EU con­firmed the leg­al­ity of the Com­mis­sion's de­cision ap­prov­ing res­cue aid of 36.66 mil­lion EUR from Ro­mania to the air­line TAR­OM. It found that the aid was in­deed...
11/05/2022
SF­DR’s Prin­cip­al Ad­verse Im­pacts In­dic­at­ors on course to change
The European Com­mis­sion has giv­en the European Su­per­vis­ory Au­thor­it­ies (“ES­As”) a man­date to re­view the SF­DR Del­eg­ated Reg­u­la­tion in­dic­at­ors for prin­cip­al ad­verse im­pact and the fin­an­cial product...
11/05/2022
SF­DR con­tin­ues to evolve: more gran­u­lar dis­clos­ures to be pro­posed on in­vest­ments’...
Fin­an­cial products with ex­pos­ures in fossil gas and nuc­le­ar en­ergy are likely to have more gran­u­lar re­port­ing re­quire­ments un­der the Sus­tain­able Fin­ance Dis­clos­ure Reg­u­la­tion (“SF­DR”). The European...