Stibbe

Luxembourg and the United Kingdom signed a new Double Tax Treaty (the “DTT”) on 7 June 2022 which includes several changes that may have an effect on investments involving the two jurisdictions. Our Luxembourg tax team summarizes the main changes. stibbe.law/3b41Wpw

Yesterday, the CSSF published the Circular 22/811 on UCI administrators, clarifying the CSSF current requirements by specifying the principles of sound governance and the CSSF expectations on internal organisation and good practices. stibbe.law/37Ru1iq

The Luxembourg Business Registers issued an Explanatory Note further detailing the new filing formalities and requirements with respect to the Luxembourg Trade and Companies Register. Click the link to read more: stibbe.law/3LHar6I

On 4 March 2022 , the law of 25/02/22 amending the law of 22/03/04 on securitisation has been published in the Official Journal of the Grand Duchy of Luxembourg. Edouard and Audrey give an overview of its implications. stibbe.law/3wOGcXE

Certain Luxembourg investment vehicles are subject to tax filing obligations in relation to the real estate tax levy introduced in 2021. The reporting must be performed by the end of May 2022. Click the link for more information: stibbe.law/3ieDfHj

On 3 March 2022, the Luxembourg law of 25 February 2022 implementing the SFDR and the Taxonomy Regulation has been published in the Official Journal of the Grand Duchy of Luxembourg. Nicolas Pradel gives an overview of its implications. stibbe.law/3JhBYe8

Stibbe advised Union Investment on the acquisition of the Astro Tower. Our multidisciplinary team assisted Union Investment throughout the entire acquisition process. We congratulate all parties involved on this milestone transaction. Click to read more: stibbe.law/31T5PJF

DIGITAL LAW UP(TO)DATE. Out with the old: new set of standard contractual clauses (SCCs) required for new agreements. Erik Valgaeren and Edouard Cruysmans discuss the topic in their latest blog post: stibbe.law/2ZWD4KM

DIGITAL LAW UP(TO)DATE. The Belgian Data Protection Authority (DPA) argues that the extension of the scope of the Covid Safe Ticket constitutes an interference with the protection of personal data. Erik Valgaeren & Edouard Cruysmans elaborate on the topic: stibbe.law/3a1JLNt

The Belgian Council of State recently shed a light on the enforcement of the Schrems II decision. Read our latest blog post on the Council of State's decision, written by Jan Joos and Erik Valgaeren of our Brussels TMT practice group. stibbe.law/3EU8ph3

DIGITAL LAW UP(TO)DATE. Erik Valgaeren and Edouard Cruysmans from our Brussels office briefly present two interesting topics in our latest Digital Law blog post. Click the link to read the article: stibbe.law/3ENhRD6

DIGITAL LAW UP(TO)DATE. Liability for content posted by a third party on a Facebook wall: Erik Valgaeren and Edouard Cruysmans from our Brussels office briefly present a recent ECtHR judgment in our latest Digital Law blog post. stibbe.law/3nAqDy8

DIGITAL LAW UP(TO)DATE. Erik Valgaeren & Edouard Cruysmans discuss 3 interesting topics in our latest Digital Law blog post: Parliamentary initiatives to tackle cyber attacks; ‘Zero tariff’ options before the CJEU; and Council of State, GDPR & encryption. stibbe.law/3ngZOPb

Oliver Stevens and Sophie Bourgois updated their overview on the regulation of the legal profession in Belgium to reflect advancing insights and regulatory rulings. Click the link for more information: stibbe.law/3jMN7K1

Stibbe Luxembourg advised Mubadala Capital, the asset management subsidiary of Abu Dhabi's Mubadala Investment Company, which is acquiring the second largest refinery in Brazil from oil giant Petrobras. Click the link to read more: stibbe.law/3C8CbgQ

One year of Schrems II: Erik Valgaeren and Jan Joos from our Brussels TMT team present a state of affairs for international data transfers and some practical suggestions going forward. Click the link to read more: stibbe.law/3xS1GR5 #SchremsII #DataTransfers #PrivacyShield

Stibbe advised the shareholders of Novy on the sale of the company to the American group Middleby. Through the acquisition, Middleby intends to introduce Novy's products to the US and UK market allowing Novy to expand its services globally. stibbe.law/3yPdun9

Stibbe advises Belgian football club Standard de Liège on the planning and construction process regarding the modernisation and enlargement of its iconic football stadium in Sclessin. stibbe.law/3h8JaxP

Congratulations to Aedifica on its successful private placement by means of an accelerated bookbuilding. Our Brussels office is delighted to have assisted Aedifica with this exciting transaction. Click the link for more info: stibbe.law/3cHSC8M

Pieter Wouters, Job van Hooff and Daisy Nijkamp have authored the Belgium and Netherlands Chapter of the 2021 International Comparative Legal Guide to Restructuring & Insolvency. Please click the link below to read our two contributions. stibbe.law/33R5bcP