A law of 18 September 2017 provides for the creation of a centralized register of ultimate beneficial owners (‘UBO’) in Belgium. The royal decree determining the operating procedur
On 1st March 2019 a law dated 13 January 2019 implementing new disclosure obligations in relation to ultimate beneficial owners (“UBO’s”) of legal entities has come into force in L
Companies frequently use “sales concessions” to market and/or distribute their products. The sales concession differs essentially from other forms of commercial distribution by the
Belgian law distinguishes between two categories of investment firms: brokerage companies; and portfolio management and investment advisory companies. “Brokerage companies” are aut
On 22 December 2017, the law amending and inserting provisions on payment accounts and payment services in various books of the Code of Economic Law was published in the Belgian Of
The law of 3 September 2017 on the publication of non-financial and diversity information by certain large undertakings and groups (the “Law”) came into force on 21 September 2017.