12.03.2019 LU law Entry into force of the RBE Regulation and update Articles - The Grand-Ducal Regulation of 15 February 2019 on the registration, payment of administrative fees and access to information recorded in the register of beneficial owners (the “RBE Regulation”) entered into force on 1 March 2019 and depicts the practical aspects of the Law of 13 January 2019 establishing a beneficial owner register (the “RBE Law”). Another document, the LBR Circular 19/01 (the “Circular”) issued by the Luxembourg Business Registers on 25 February 2019 further describes the new register of beneficial owners (the “RBE”) with the aim of helping users. Read more Team: Gérald Origer, Inès Denison, Estelle Schul
30.05.2017 The Growth of Collective Redress in the EU: A Survey of Developments in 10 Member States—the need to maintain safeguards Articles - In 2013, the European Commission adopted a Recommendation on Collective Redress. It invited Member States to adopt a collective redress framework by July 2016 that would include the features mentioned in the Recommendation and then by July 2017, to report to the Commission about the extent to which they had done so. On the basis of the Member States’ report, the Commission will assess whether further actions by the EU is required. Read more Team: Jeroen Kortmann, Oliver Stevens
16.09.2016 BE law Rejection of the level 2 draft RTS implementing PRIIPs by the European Parliament Short Reads - The PRIIPs Regulation introduces the so-called Key Information Document (the so-called “KID”) which will have to be provided to retail consumers when they buy retail and insurance-based investment products. These include asset management products and other "packaged" investment products sold by banks or insurance companies. Read more Sarah De Dijn Associate Brussels
22.02.2019 BE law Lost your passport - How a hard Brexit will affect UK financial institutions’ access to the Belgian financial market Articles - FSMA gives local guidance - Belgian legislature prepares contingency measures The UK is due to leave the European Union on 29 March 2019. Unless specific arrangements granting the UK at least a temporary status quo will be adopted before 29 March 2019, the UK financial industry will be considered third-country entities and will therefore be seriously restricted in carrying on their activities in the EEA, including Belgium. Read more Team: Jan Peeters, Sarah De Dijn
12.04.2017 NL law What does a legal entity know? Short Reads - In civil law many rules rely for their legal effect on the presence of certain knowledge or a certain intention with one of the parties. If the party at hand is a legal entity, like a limited company (besloten vennootschap), it can be difficult to determine what the entity knew. Fragments of information can be present in different parts of the organisation; an officer of the company may have gained his knowledge trough his private life; he may also have a duty of confidentiality. Read more Branda Katan Partner Amsterdam
15.06.2016 NL law Stibbe is moving Inside Stibbe - From Monday 20 June 2016 we will be located in our brand new office building at Beethovenplein 10. Read more Derk Lemstra Managing Partner Amsterdam
27.09.2017 BE law L’assurance obligatoire de la responsabilité décennale des professionnels de la construction Articles - La loi du 31 mai 2017 relative à l’assurance obligatoire de la responsabilité civile décennale des professionnels de la construction a été publiée au Moniteur belge du 9 juin 2017. Cette loi impose aux entrepreneurs, aux architectes et autres professionnels de la construction de faire assurer leur responsabilité décennale découlant des articles 1792 et 2270 du Code civil. Read more Team: Rony Vermeersch, France Maussion, Benoît Kohl, Sébastien Leroy
13.12.2016 LU law The 7 tax choices to be made before Year end Short Reads - The End of the Year approaching quickly, our Luxembourg tax experts have gathered 7 important topics to optimize your Luxembourg income tax situation. Read more Diogo Duarte de Oliveira Partner Luxembourg