The Flemish government already announced on 29 May 2020 that they would provide a commercial lease loan (‘handelshuurlening’ / ‘prêt de bail commercial’) to tenants who were forced to close their businesses due to COVID-19.
In response to the current situation pursuant to Covid-19, the Royal Federation for Belgian Notaries has issued certain guidelines for the Belgian Notaries.
Throughout the world, countries take a multitude of measures in an effort to limit the economic impact of COVID-19. The PwC network has compiled an overview of the different measures that are available to support businesses in +50 countries around the globe.
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In response to the current situation pursuant to Covid-19, the Royal Federation for Belgian Notaries has issued strict guidelines for the Belgian Notaries.
In order to avoid physical contact and the spreading of the virus as much as possible, Belgian Notaries are only allowed to pass notarial deeds if such deeds are extremely urgent or if the financial consequences would be too big should the deed not be passed.
We could hardly pretend that one single approach could help any company sail over its regulatory and compliance challenges. And certainly not in Belgium, especially for SMEs.
In recent years, a lot of new regulations have been introduced around the world to combat bribery and corruption in business. Moreover, fines totalling more than eleven billion euro have been issued in six years
Compliance has become a key concern not only in the financial sector but in business circles in general.
On 24 January 2018 the National Bank of Belgium (hereafter “NBB”) published its Circular 2018_02 on the overall assessment of money laundering and terrorist financing (hereafter “ML/FT”) risks.
Innovation is becoming the new mantra among legal departments. But in what direction should in-house lawyers direct their innovation efforts? Where are the real challenges of innovation for in-house lawyers?
