Authors: Joanne Zaaijer, Stéphanie De Smedt, Sandy Brumberg and Iram Velji (Loyens & Loeff) Publication date: 16/07/2020 Schrems has done it again: After having successfully dismantled the Safe Harbor mechanism, the Privacy Shield has now also been effectively invalidated. Whilst the current model contracts of the European Commission, the so-called
Authors: Sarah Libregts, Vanessa Marquette, Martijn Schoonewille and Cédric Raffoul (Loyens & Loeff) Publication date: 07/07/2020 On 9 June, the 6th Annual General Meeting of the Green & Social Bond Principles was held, where the new Sustainability-Linked Bond Principles, an expansion of the Social Bond Principles and an update of
Author: Stéphanie De Smedt (Loyens & Loeff) Publication date: 12/05/2020 In February 2020, the Markets Court (a division of Brussels’ Court of Appeal) annulled the decision by which the Belgian Data Protection Authority (BDPA) had imposed an administrative fine of EUR 10,000 on a retailer for the use of electronic
Author: Mélanie Schollaert (Loyens & Loeff) Publication date: 12/05/2020 The social distancing measures and travel restrictions imposed by the governments to limit the spread of the COVID-19 virus make the holding of meetings of the bodies of the Belgian companies highly complicated in practice. The general meeting of shareholders can
Author: Linda Brosens (Loyens & Loeff) Publication date: 12/05/2020 In line with the recommendations of the OECD Secretariat issued on 3 April 2020, Belgium and the Netherlands have concluded an agreement with the Netherlands on 30 April to mitigate the tax consequences of the COVID-19 measures on cross-border workers. A
Auteurs: Kris De Schutter, Danaïs Fol, Mieke D'hanis et Lucia Bellobuono (Loyens & Loeff) Date de publication: 05/05/2020 Dans le contexte actuel de la crise du Coronavirus, un arrêté royal, entrant en vigueur ce 1er mai, permettra aux travailleurs, parents de jeunes enfants, de prendre un congé parental exceptionnel leur
Authors: Nicolas Bertrand, Marc Dhaene, Natalie Reypens, Saskia Lust, Bert Gevers, Linda Brosens and Benno Daemen (Loyens & Loeff) Publication date: 19/03/2020 The rapid spread of the coronavirus (Covid-19) leads to far-reaching measures at home and abroad. These measures may have (sometimes unexpected) tax consequences. Below, we cover various tax
Author: Valentijn De Boe (Loyens & Loeff) Publication date: 21/01/2020 The new Belgian Code of Companies and Associations (the “BCCA”) is in full force and applicable to all Belgian entities since 1 January 2020. One of the novelties of the new BCCA is the introduction of an explicit definition of
Author: Stéphanie De Smedt (Loyens & Loeff) Publication date: 03/12/2019 The Belgian Data Protection Authority (BDPA) is slowly but steadily becoming more active in enforcing the EU General Data Protection Regulation (GDPR). Just like the very first GDPR fine that was imposed in Belgium (see below), the most recent fines are
Author: Jan Bart Schober (Loyens & Loeff) Publication date: 11/11/2019 The OECD seeks consensus by the end of 2020 on how to ensure all profits of multinational groups are subject to a (yet to be determined) worldwide minimum level of taxation. The proposals, if implemented, would have a major impact on