Même ne répondant pas à toutes les conditions légales, une clause de non-concurrence peut donner lieu à des indemnités en faceur du travailleur partant.

The FSMA recently released a short Q&A summarising the key steps and requirements of the process for a registration application as an insurance intermediary in Belgium[1]. This document, drafted in English, is intended to attract and inform potential newcomers, be them established insurance professionals fleeing the potential consequences of Brexit or new market entrants such as InsurTech companies.

This provides us with an opportunity to put our two-cents on the application process.

The transposition of the second Payment Services Directive (the “PSDII”) should have been completed on 13 January 2018. With a delay of a few months, a Belgian draft law implementing the PSDII rules of conduct into the Economic Law Code (the “Rules of Conduct (draft) Law”) has finally been released and is likely to be adopted in its final version very soon. 

Plus de quatre mois après son adoption par le Parlement bruxellois, l’ordonnance du 30 novembre 2017 réformant le Code Bruxellois de l’Aménagement du Territoire est parue le 20 avril 2018 au Moniteur belge.

S’il faudra encore patienter une année avant que l’essentiel des dispositions de cette réforme significative du droit de l’urbanisme et de l’aménagement du territoire entre en vigueur, le législateur bruxellois a toutefois jugé nécessaire d’en rendre immédiatement applicables certains volets. C’est le cas des nouveaux articles 275 et 276/1 touchant aux renseignements urbanistiques.

Le législateur justifie son choix dans les travaux préparatoires par l’urgence liée aux problèmes rencontrés actuellement par de nombreuses communes pour respecter les délais de délivrance des renseignements urbanistiques.

Last week, Simont Braun was delighted to see such an interest in the upcoming reform of the Belgian law of obligations, which is currently being analysed by the Council of State.

On 22 and 24 May, we hosted two seminars on this subject, where Rafaël Jafferali, who is a member of the expert group in charge of the recast, Paul Alain Foriers, Fanny Laune, Thomas Derval and Sander Van Loock went through the main aspects of the reform, making sure to explain the expected changes with pragmatism.

On 25 May 2018, the Council of Ministers approved the draft new Companies and Associations Code which aims at modernising the regime applicable to companies and associations.

The draft Code will now be submitted to the Federal Parliament for discussion and vote. We expect the parliamentary approval in the autumn of this year. 

We are happy to share that partner Philippe Campolini (Intellectual Property) and counsels Philippe De Prez (Banking & Digital Finance) and Martin Bassem (Real Estate & Construction) are considered as Next Generation Lawyers in the latest edition of the Legal 500.

Une nouvelle étape vient d'être franchie dans la réforme du droit belge des obligations.

The 2nd E-money Directive’s ambitions

The first e-money directive 200/46/EC was not as successful as initially expected. Some of its provisions limited the development of the European e-money market, notably due to certain over-demanding prudential requirements and uncertainties about its scope of application. The second e-money directive 2009/110/EC of 16 September 2009 (“2EMD”) was meant to solve these shortcomings and to give a fresh start to the e-money market. This objective was pursued through facilitating the application process for e-money licenses and bringing its provisions in line with the payment service directive 2007/64/EC (“PSD1”).

Article 17 of the 2EMD required the European Commission to present a report on the implementation and impact of this directive, accompanied, where appropriate, by a proposal for its revision. The deadline imposed by the 2EMD for this review was 1 November 2012