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Search result based on key: Belgian legislation
Financial Regulatory Update: February 2024
Our Financial Regulatory Update for February 2024 is now available. With these updates, KPMG Law aims to flag relevant regulatory developments per sector.
Financial Regulatory Update: January 2024
Our Financial Regulatory Update for January 2024 is now available. With these updates, KPMG Law aims to flag relevant regulatory developments per sector.
Foreign direct investment screening (FDIS) in Belgium as from 1 July 2023
Foreign Direct Investment Screening (FDIS) in Belgium becomes effective on July 1, 2023. This regime requires non-EU investors to notify and obtain clearance for certain investments in Belgian companies involved in targeted activities.
The Belgian implementation of Directive (EU) 2019/2121 on cross-border conversions, mergers and demergers
Discover the key changes in Belgian legislation regarding cross-border conversions, mergers, and demergers.
Belgian implementation of the ruling of the European Court of Justice on public access to UBO register
The UBO register is a centralized database used to prevent money laundering, terrorist financing, and related criminal activities by tracking the natural persons who ultimately control companies and other legal entities. In the past, public access to certain UBO data was allowed, but the European Court of Justice ruled that such access was invalid. The Belgian legislator subsequently made legislative changes that restrict public access to the UBO register to those who can demonstrate a legitimate interest related to fighting money laundering and related criminal activities. This text provides details on the legislative changes and the conditions that qualify as a legitimate interest for access to the UBO register.
The Brussels-Capital Region is gearing up for the installation of charging points in car parks
The Brussels-Capital Region government issued a decree on 29 September 2022 to ensure sufficient charging points for all electric cars in the capital.
A new year, a refined information duty for the flood sensitivity of real estate in the Flemish Region
The Flemish government amends the information duty for the flood sensitivity of real estate in the Flemish Region.
European Court of Justice on the UBO-register
The Belgian Federal Public Service Finance issues a communication announcing a temporary suspension of general public access to UBO information.
Governance structure of a public limited liability company (NV/SA)
With the new Belgian Company Code the composition of the NV board is more flexible with the creation of 3 governance regimes: monistic governance, sole director and dual governance.
Reduction in the number of company forms
In light of the simplification of the corporate landscape, the Belgian Company Code (BCC) introduces a drastic reduction in the number of different company forms.