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Latest news & developments

Important changes to the private pricaf regime

20 May 2019

The status of private pricaf is organised by the act of 19 April 2014 on alternative investment funds (“AIF”) and their managers (the “AIFM Law”) and by the Royal Decree of 23 May 2007 on private pricaf (“pricaf privée”/private privak”), as amended. On 25 April 2019, a law containing various financial provisions was adopted by

Belgian Ratification of the MLI: a Game Changer in the International Tax Field

20 May 2019

On 6 May 2019, the legislative documents implementing the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (also known as the MLI) was finally approved by all 6 legislative authorities in Belgium. The Belgian law ratified the full application of the MLI and its Explanatory Note, the reservations and notifications made by

Update on submission of CbCR Notification (i.e. form 275 CBC NOT)

20 May 2019

On 2 May 2019, a law was approved including an update on the notification obligation of each Belgian group entity of a multinational group with regard to filing a country-by-country report. The law was published in the Belgian official gazette on 15 May 2019. The above notification obligation, which is included in article 321/3 of

Shareholder Rights Directive II. Financial institutions, are you prepared?

17 May 2019

In May 2017, the European Parliament and the Council approved Directive (EU) 2017/828 amending Directive 2007/36/EC as regards the encouragement of long-term shareholder engagement (the Shareholder Rights Directive II or SRD II).  The due date of 10 June 2019 for the transposition of this new Directive into national law is approaching fast. So far, the