25 results Financial Regulation – Q2 2023 Update Changes to Dutch financial regulations entered into force on or around 1 July, including notable amendments for holders of a qualifying holding in certain Dutch regulated financial institutions. We have listed the main changes in this publication. The Sustainable Finance Package 2023 In this blog, we discuss the Sustainable Finance Package published by the European Commission in June 2023. New double tax treaty concluded with the United Kingdom ratified by Luxembourg The new double tax treaty between Luxembourg and the United Kingdom (“DTT”) ratified by the Luxembourg Parliament on 19 July 2023 should apply as from 2024. Stibbe Amsterdam appoints three new partners We are pleased to announce that Stibbe Amsterdam has promoted Valérie van ‘t Lam, Boris Cammelbeeck and Roderik Vrolijk to partner as per 1 January 2022. These appointments further strengthen our practices Environment & Planning, Real Estate and the Finan European Commission clarifies SFDR Level 1 Requirements On 6 July 2021, the European Commission adopted the much-awaited decision C(2021) 4858 final which provides very useful answers to the questions raised by the European Supervisory Authorities on priority issues relating to the application of the SFDR. Stibbe launches new website covering Heat Act Stibbe launches Heat Act website to keep clients informed on developments concerning the Heat Act and Heat Act 2. Climate case Milieudefensie et al. – The Hague District Court orders Shell to reduce CO2 emissions On May 26, 2021, the District Court of The Hague rendered its judgment in the case between Milieudefensie and others against Shell. Luxembourg real estate levy: Compliance obligations for Luxembourg investment vehicles As from 1 January 2021, a 20% real estate levy applies to real estate income derived by certain Luxembourg tax opaque investment vehicles owning directly, or indirectly through tax transparent entities, real estate assets located in Luxembourg. The New Luxembourg SFDR and Taxonomy Regulation Implementing Law On 3 March 2022, the Luxembourg law of 25 February 2022 implementing a.o. the Sustainable Finance Disclosure Regulation (SFDR) and the Taxonomy Regulation has been published in the Official Journal of the Grand Duchy of Luxembourg. New CSSF Circular 22/795 on marketing communications for cross-border distribution of funds The CSSF published on 31 January 2022 the Circular 22/795 regarding the application of the ESMA Guidelines on marketing communications for Luxembourg investment funds (AIFs, UCITS). New double tax treaty concluded between Luxembourg and the United Kingdom: changes ahead Luxembourg and the United Kingdom signed a new Double Tax Treaty on 7 June 2022 which includes several changes that might have an effect on investments involving the two jurisdictions. The future of nuclear power in the Netherlands (part 3): the project procedure has started! A Notification of Intention and Participation for the construction of two new nuclear power plants was published in the Government Gazette on 22 February 2024. The third AFM report on SFDR compliance signals tightening enforcement and highlights a shift in supervision towards the quality of disclosures A recent report of the AFM underlines its focus on monitoring SFDR compliance, signals tightening enforcement action against those lagging behind, and highlights a new phase of supervisory attention for clear, accurate and reliable SFDR disclosures. Marieke Driessen Partner Amsterdam The Dutch government publishes an ambitious strategy and policy agenda on the development of the clean hydrogen market The Minister of Economic Affairs and Climate Policy presented the ‘Government strategy on hydrogen’ (Kabinetsvisie Waterstof, also available in English) by means of a letter addressed to the Dutch House of Representatives (Tweede Kamer) on 30 March 2020. Bill of law on interest and royalties paid to non-cooperative jurisdictions The Luxembourg Government proposes to introduce the non-deductibility of interest and royalties expenses of a Luxembourg taxpayer towards collective entities located in a blacklisted jurisdiction. The effects of the coronavirus crisis on the European Emissions Trading System - amended 29 April 2020 Coronavirus measures are impacting many different areas of society and the economy. The European Emission Trading System (ETS) for CO2 emission allowances is also being affected. Most commonly used unregulated real estate investment vehicles in Belgium On 1 January 2020, the mandatory provisions of the Code for Companies and Associations or "BCAC" entered into force. This article provides an overview of the main characteristics of the most commonly used unregulated real estate vehicles in Belgium. Pagination Current page 1 Page 2 Next page
Financial Regulation – Q2 2023 Update Changes to Dutch financial regulations entered into force on or around 1 July, including notable amendments for holders of a qualifying holding in certain Dutch regulated financial institutions. We have listed the main changes in this publication.
The Sustainable Finance Package 2023 In this blog, we discuss the Sustainable Finance Package published by the European Commission in June 2023.
New double tax treaty concluded with the United Kingdom ratified by Luxembourg The new double tax treaty between Luxembourg and the United Kingdom (“DTT”) ratified by the Luxembourg Parliament on 19 July 2023 should apply as from 2024.
Stibbe Amsterdam appoints three new partners We are pleased to announce that Stibbe Amsterdam has promoted Valérie van ‘t Lam, Boris Cammelbeeck and Roderik Vrolijk to partner as per 1 January 2022. These appointments further strengthen our practices Environment & Planning, Real Estate and the Finan
European Commission clarifies SFDR Level 1 Requirements On 6 July 2021, the European Commission adopted the much-awaited decision C(2021) 4858 final which provides very useful answers to the questions raised by the European Supervisory Authorities on priority issues relating to the application of the SFDR.
Stibbe launches new website covering Heat Act Stibbe launches Heat Act website to keep clients informed on developments concerning the Heat Act and Heat Act 2.
Climate case Milieudefensie et al. – The Hague District Court orders Shell to reduce CO2 emissions On May 26, 2021, the District Court of The Hague rendered its judgment in the case between Milieudefensie and others against Shell.
Luxembourg real estate levy: Compliance obligations for Luxembourg investment vehicles As from 1 January 2021, a 20% real estate levy applies to real estate income derived by certain Luxembourg tax opaque investment vehicles owning directly, or indirectly through tax transparent entities, real estate assets located in Luxembourg.
The New Luxembourg SFDR and Taxonomy Regulation Implementing Law On 3 March 2022, the Luxembourg law of 25 February 2022 implementing a.o. the Sustainable Finance Disclosure Regulation (SFDR) and the Taxonomy Regulation has been published in the Official Journal of the Grand Duchy of Luxembourg.
New CSSF Circular 22/795 on marketing communications for cross-border distribution of funds The CSSF published on 31 January 2022 the Circular 22/795 regarding the application of the ESMA Guidelines on marketing communications for Luxembourg investment funds (AIFs, UCITS).
New double tax treaty concluded between Luxembourg and the United Kingdom: changes ahead Luxembourg and the United Kingdom signed a new Double Tax Treaty on 7 June 2022 which includes several changes that might have an effect on investments involving the two jurisdictions.
The future of nuclear power in the Netherlands (part 3): the project procedure has started! A Notification of Intention and Participation for the construction of two new nuclear power plants was published in the Government Gazette on 22 February 2024.
The third AFM report on SFDR compliance signals tightening enforcement and highlights a shift in supervision towards the quality of disclosures A recent report of the AFM underlines its focus on monitoring SFDR compliance, signals tightening enforcement action against those lagging behind, and highlights a new phase of supervisory attention for clear, accurate and reliable SFDR disclosures.
The Dutch government publishes an ambitious strategy and policy agenda on the development of the clean hydrogen market The Minister of Economic Affairs and Climate Policy presented the ‘Government strategy on hydrogen’ (Kabinetsvisie Waterstof, also available in English) by means of a letter addressed to the Dutch House of Representatives (Tweede Kamer) on 30 March 2020.
Bill of law on interest and royalties paid to non-cooperative jurisdictions The Luxembourg Government proposes to introduce the non-deductibility of interest and royalties expenses of a Luxembourg taxpayer towards collective entities located in a blacklisted jurisdiction.
The effects of the coronavirus crisis on the European Emissions Trading System - amended 29 April 2020 Coronavirus measures are impacting many different areas of society and the economy. The European Emission Trading System (ETS) for CO2 emission allowances is also being affected.
Most commonly used unregulated real estate investment vehicles in Belgium On 1 January 2020, the mandatory provisions of the Code for Companies and Associations or "BCAC" entered into force. This article provides an overview of the main characteristics of the most commonly used unregulated real estate vehicles in Belgium.