Legislation reform inheritance law published
On Friday 1 September 2017, the legislation concerning the reform of inheritance law was published in the Official Gazette. Belgian inheritance law, still mainly derived from the Napoleonic Code of 1804, will be updated due to the publication of these new texts. The three main topics of the reform are the following: Modification of the
Belgian UBO-register on its way
According to the fourth Anti-Money Laundering Directive (2015/849), adopted by the European Parliament on 20 May 2015, one of the obligations of all EU Member States was to establish a national register of ultimate beneficial owners (UBO) before 26 June 2017. Through the introduction of this register, the Member States will have an additional tool
Money laundering: EU institutions agree on central registers
On 16 December 2014, the European Parliament (‘EP’) and the EU Council have reached political agreement on the revision of the EU AntiMoney Laundering Directive (‘AMLD’). According to the revised draft AMLD, EU Member States would have to maintain central registers listing information on the ultimate beneficial owners of corporate and other legal entities as
