Empowering the European retail investor: unveiling the EU Commission’s new proposal for financial trust and transparency
The EU Commission recently published a draft proposal for a new omnibus directive, aiming at reinforcing and harmonising retail investor protection across the entire spectrum of financial services. Scope of application – Who’s affected? As an “omnibus directive”, the proposal is intended to affect several key pieces of EU legislation such as MiFID II, IDD, […]
Pan-EU injunctive relief against multiple infringers domiciled in different EU Member States
PAN-EU INJUNCTIVE RELIEF AGAINST MULTIPLE INFRINGERS DOMICILED IN DIFFERENT EU MEMBER STATES In brief In its judgment of September 7, 2023 (Beverage City Polska, C-832/21), the Court of Justice of the European Union (CJEU) held that multiple defendants domiciled in different EU Member States, who are each accused of having committed the same infringement of […]
Protect your Trade Secrets – General Introduction
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Protect your Trade Secrets – General Introduction The legal framework governing trade secrets in Belgium has changed significantly with the adoption of EU Directive 2016/943 of 8 June 2016 on the protection of undisclosed know-how and business information (trade secrets) against their unlawful acquisition, use and disclosure (“Trade Secrets Directive”). The Trade Secrets Directive was […]
Overeenkomsten inzake Onderzoek en Ontwikkeling (O&O) – Nieuwe regels en overgangsperiode
| Overeenkomsten inzake Onderzoek en Ontwikkeling (O&O) – Nieuwe regels en overgangsperiode Sinds 1 juli 2023 is er een nieuwe verordening van kracht betreffende de groepsvrijstelling voor onderzoeks- en ontwikkelingsovereenkomsten (O&O) (Verordening 2023/1066 van de Commissie van 1 juni 2023 betreffende de toepassing van artikel 101, lid 3, van het Verdrag betreffende de werking van […]
New rules on consumer debt collection in Belgium – Time to change your T&Cs
| New rules on consumer debt collection in Belgium – Time to change your T&Cs. Are you a company facing unpaid consumer invoices? What are you allowed to do in light of the new Belgian consumer debt collection rules? As of when do these rules enter into force and should you amend your existing T&Cs? […]
Simont Braun welcomes Joris Beckers as Partner, enhancing Real Estate and ESG Expertise
Simont Braun is pleased to announce the arrival of Joris Beckers as partner in the Real Estate department. With his extensive experience in real estate transactions and a strong focus on Environmental, Social, and Governance (ESG) issues, Joris will further strengthen Simont Braun’s capabilities in these key areas. Joris Beckers is a highly regarded […]
The Rise of (new) Savings Products on the Market
SAVE NOW BUY LATER, APPLE CARD’S SAVING ACCOUNT, HIGH-YIELD SAVINGS PRODUCTS With the current rise of interest rates, savings products are gaining traction again on the market across the globe, including in Belgium and Europe. We observe the return of some very traditional savings products as well as the rise of certain innovative FinTech-oriented features. […]
UPC Overeenkomst | Procedureverloop en kosten
UPC OVEREENKOMST | PROCEDUREVERLOOP EN KOSTEN Download ons volledig artikel hier. De invoering van het Europees octrooi met eenheidswerking gaat gepaard met de oprichting van een Eengemaakt Octrooigerecht (“Unified Patent Court”, afgekort “UPC”) dat exclusief bevoegd is om kennis te nemen van bepaalde vorderingen betreffende dit nieuwe type octrooi en enkele andere soortgelijke titels. Hierover […]
Sandrine Hirsch and Jean-François Terlinden leave Simont Braun
Brussels, 1 July 2023 – Simont Braun announces the departure of Sandrine Hirsch and Jean-François Terlinden, who have chosen to embark on a new chapter of life. Their contributions to the firm are acknowledged and appreciated. Joan Carette, Managing Partner at Simont Braun, recognises the lasting influence of Sandrine and Jean-François: “As founding partners, they […]
New marketing rules for gambling operators in Belgium: a whole new dimension
On 1 July 2023, the Royal Decree of 27 February 2023 determining the conditions for advertising games of chance entered into force (“Royal Decree”). WHAT IS IT? Until now, only advertising by C licence holders (operators of gaming machines in a bar) and F2 licence holders (bookshops) was regulated (respectively by the Royal Decree of […]
A new screening mechanism of foreign investments in Belgium starts on 1 July 2023!
As from 1 July 2023, foreign (i.e. non-EU) investors will have to notify the Interfederal Screening Commission (‘ISC’) about their investment plans in certain sectors in Belgium. Targeted are investments in sectors considered to be highly sensitive, or that could impact national security, public order, or the strategic interests. For these investments, prior approval of […]
Simont Braun ranked by Leaders League 2023
Last Tuesday, Leaders League released its 2023 rankings. We are very proud to be once again recognised as top-of-mind independent business law firm! Our rankings are available here. We warmly thank all team members for their motivation and hard work. We are also grateful to our peers and valued clients for their trust and outstanding […]