May 2019
Creation of an electronic database accessible to the public on judgments and decisions
The Law amending the Code of Criminal Investigation and the Judicial Code with regard to the publication of judgments and rulings was published on 16 May 2019. The main innovation: the creation of an electronic database of judgments and court decisions accessible to the public. Namely that the data allowing the identification of the parties involved in the case will of course be scrupulously omitted. However, the Law of 5 May 2019 only enters into force on a date to be determined by the King and no later than 1 September 2020. The modalities of this database will also have to be defined by [...]
April 2019
Parliament approves a Bill on the capacity remuneration mechanism (CRM)
On 4 April 2019, the Belgian Parliament approved a Bill on the capacity remuneration mechanism (CRM). The CRM complements the existing energy markets and ensures that sufficient capacity is available to secure the supply of electricity. This mechanism also meets the concerns of Belgian companies with the imminent nuclear phase-out by 2025. After all, a lot of people are wondering: Will there still be enough energy availability after the Belgian nuclear ‘exit’ to avoid blackouts at certain times? For further information on the energy capacity auctions (of which the first round starts in the fourth quarter of 2021), please clic here. [Note, create [...]
March 2019
The (new) Belgian Code of Companies and Associations
29.03.2019 By Bert D'hondt After a long road she is finally there! On 28 February 2019, the Belgian Chamber of Representatives decided to approve the new Companies and Associations Code (hereafter also the CAC). The ultimate goal of this new CAC is - following the example of our neighbouring countries - to make Belgium more attractive, more competitive and more modern as a business location. Flexibilisation and simplification are therefore the basic pillars of the new Belgian company law. Below you will find a brief overview of the far-reaching changes that this new CAC entails. These changes will of course take shape as the new [...]