In September 2017, ICSA: The Governance Institute ("ICSA") and The Investment Association published new guidance to help company boards ensure that they consider and understand the interests of their key stakeholders when...more
The Situation: Belgium's Law of October 22, 2017, modifies the REIT Regime by broadening the scope of REIT activities and relaxing the country's existing regulatory framework for REITs.
The Result: The real estate sector...more
The Background: On September 3, 2017, Belgium adopted a law implementing EC Directive 2014/95/EU on the disclosure of non-financial and diversity information by certain large undertakings and groups.
- The Result: Under...more
9/27/2017
/ Belgium ,
Corporate Social Responsibility ,
Disclosure Requirements ,
Diversity ,
EU ,
Exemptions ,
Investors ,
Mandatory Disclosure Rules ,
New Legislation ,
Popular ,
Public Interest Entities ,
Publicly-Traded Companies
On July 20, 2017, Belgium adopted legislation establishing a new category of debt securities available to credit institutions and investment firms ("banking institutions"). The law provides for a new Article 389/1 into the...more
8/2/2017
/ Bail-In Provisions ,
Banking Sector ,
Banks ,
Belgium ,
Credit Facilities ,
Debt Securities ,
EU ,
Financial Stability Board ,
Investment Firms ,
Liquidation ,
Non-Preferred Notes ,
TLAC
On 6 February 2017, Belgium's financial regulator (Belgian Financial Services and Markets Authority ("FSMA")) moved to fortify the protection of investors, publishing a position paper ("Position Paper") on the application of...more