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21/06/2024
Publication of CRD6/CRR3: countdown to implementation of third country...
On 19 June 2024, the final texts of the EU banking package known as CRD6 and CRR3 were published in the Official Journal of the European Union. As covered in our earlier update, CRD6 introduces a new...
20/06/2024
ESAs propose improvements to the SFDR and suggests introducing categories...
BackgroundOn 18 June 2024, the three European Supervisory Authorities (EBA, EIOPA, and ESMA, collectively known as the ESAs) published an opinion (the Opinion) on the evaluation of the Sustainable Finance...
20/06/2024
Priorities of the Belgian Competition Authority for 2024
On 7 June 2024, the Belgian Competition Authority (the “BCA”) published its annual communication setting out its policy priorities for the current year.This publication, which has existed since 2014...
20/06/2024
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...
19/06/2024
Update on the AML-CTF Package: publication in the Official Journal of the...
The last three remaining texts of the AML-CTF Package (i.e. the AML Directive [1], the AMLA Regulation [2] and the AML Regulation [3]) have been published in the OJEU on 19 June 2024.For more background...
19/06/2024
Overview of the EU-Australia Memorandum of Understanding on Critical and...
The European Union (“EU”) and Australia on 28 May 2024 signed a Memorandum of Understanding (“MOU”) to forge a partnership aimed at developing a secure, stable, ethical, and sustainable supply...
19/06/2024
CMS advised the shareholders of PharmaPets on the sale of their company...
CMS advised the shareholders of Belgium’s largest online pet pharmacy, PharmaPets, in the sale of the company to the country’s leading pet shop chain Tom&Co. The shareholders were the founders of...
18/06/2024
Real estate finance law in Belgium
A. Mortgages 1. Can security be granted to a foreign lender? Yes. 2. Can lenders take a mortgage over land and buildings on the land? Yes. 2.1 The distinction between mortgages on land and buildings...
14/06/2024
EU anti-dumping investigation of Chinese decor paper imports
On 14 June 2024, the EU opened an anti-dumping in­vest­ig­a­tion con­cern­ing EU imports of decor paper originating in the People’s Republic of China, which could lead to substantial anti-dumping duties...
13/06/2024
What’s in a name? The use of a product code in a clinical trial protocol...
The use of product or sponsor codes in clinical trial related documents is common practice in the pharmaceutical space. However, such codes may not always be sufficient to disregard a publication as relevant...
13/06/2024
CMS Expert Guide to Crypto Regulation in Belgium
Disclaimer: This chapter was last updated on 5 September 2023 and does not reflect any subsequent developments. The information provided is intended for general informational purposes and should not be...
12/06/2024
Crypto Tax Legislation & Law in Belgium
1. Is there a specific legislation issued for the taxation of crypto-assets or do general national tax law principles apply because the tax legislator has not regulated this so far? There is no specific...
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