News articles written by Marleen Mouton

Market Abuse Regulation has entered into force

5 July 2016

As of 3 July 2016, the new Market Abuse Regulation (MAR) has entered into force in Belgium and across Europe. It repeals and replaces the existing regime of the Market Abuse Directive and its implementing legislation. The Market Abuse Regulation The new Regulation aims to update and strengthen the existing rules on market integrity and

MiFID II and MiFIR one-year delay published in EU Official Journal

1 July 2016

The Directive[1] and Regulation[2] providing for a one-year delay for the date of applicability of MiFID II and MiFIR were published in the Official Journal of the EU on 30 June 2016.   Published in the Official Journal of the EU on 15 May 2015, entered into force on 4 June of the same year,

ESAs publishes final draft Regulatory Technical Standards on KID for PRIIPS

13 April 2016

ESAs has finalised its draft RTS on the PRIIPs KID after consulting various interest groups. These final draft RTS provide clarity on the obligation that the PRIIPs Regulation imposes to provide for a key information document that should be easily understandable for consumers. The Joint Committee of the European Supervisory Authorities (EBA, EIOPA and ESMA –

Long-awaited MiFID II Delegated Acts published

11 April 2016

This MiFID II Delegated Directive brings clarity on some contentious investor protection issues, and confirms some key changes that firms need to accomplish in several important areas. The progress of the Markets in Financial Instruments Directive II (MiFID II) has been slow, stuttering and at times unpredictable, and the complexity and scale of the regulation

ESMA publishes final guidelines on sound remuneration policies under UCITS and AIFM Directives

8 April 2016

In its newest report, ESMA sheds light on the guidelines relating to the remuneration policies and practices for management companies and their identified staff. On 31 March 2016, the European Securities and Markets Authority (ESMA) published its final guidelines on the remuneration policies for management companies and their identified staff (the Guidelines). These Guidelines refer

New Act on the status and supervision of (re)insurance companies published

1 April 2016

On 23 March 2016, the new law on the status and supervision of (re)insurance companies has been published in the Belgian Official Gazette. Before, the Belgian legislation on insurance and reinsurance companies was split into two parts: the Act of 9 July 1975 on the control of insurance companies and the Act of 16 February