DLA Piper in Luxembourg’s Post

Every business transaction ultimately revolves around valuation, and navigating the regulatory landscape in this regard presents a significant challenge for all parties involved. Current regulations demand multiple reports from various certifying professionals under different laws, creating not just obstacles for fundraising but also jeopardizing the #easeofdoingbusiness initiative. It's unclear whether it's the influence of professional bodies through lobbying or the rigid stance of regulatory authorities that's causing the divergence of statutory provisions related to valuation. In my professional experience, I've observed a trend toward increasing complexity in a time when the government should be striving to simplify legal frameworks.

The “Law of 27 March 2024 on the digitisation of justice and miscellaneous provisions Ibis” (the Law) makes certain important amendments to the Belgian Code of Companies and Associations (the BCCA) in particular in relation to the company size criteria, the governance of listed companies and the transfer of significant assets by a listed company.

Exciting updates in the financial regulatory world! Our Financial Regulatory Update for April 2024 is now available and keeps you informed on the latest developments.   Key highlights: 💸 Update PSR/PSD3: European Parliament adopts its position on both texts   🔒 European Parliament adopts new rules to combat money-laundering   📋 ESMA publishes consultation paper on draft RTS on the harmonisation of conditions enabling oversight activities under DORA   🏛️ Council of Ministers approves draft law on the digital operational resilience of the financial sector   Stay ahead in the regulatory landscape and ensure your compliance strategies are up-to-date.   #financialservices #regulation #compliance #DORA #AML #digitalsecurity #financialsector Isabelle Blomme Walter Jacob Joris Latui Julie Vanhaverbeke Nicolas Michiels Nicolas Kalombayi Mukanya Candice Jeuniaux Michiel Coenen

#MCA #Update MCA has released a Policy for Pre-Legislative consultation and a comprehensive review of existing Rules and Regulations prescribed under various legislations Accordingly, it has been decided to invite comments/suggestions on the Rules issued under such legislation from all the stakeholders through the e-Consultation Platform on the MCA website Initially, rules relating to Companies Act & LLP Act shall be posted for inviting comments/suggestions with effect from 25.01.2024 Read the Full Document: https://lnkd.in/dQnXSCCB 𝐅𝐨𝐫 𝐃𝐚𝐢𝐥𝐲 𝐓𝐚𝐱 & 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞 𝐋𝐚𝐰 𝐔𝐩𝐝𝐚𝐭𝐞𝐬, 𝐅𝐨𝐥𝐥𝐨𝐰 '𝐓𝐚𝐱𝐦𝐚𝐧𝐧' 𝐨𝐧 𝐖𝐡𝐚𝐭𝐬𝐀𝐩𝐩: https://lnkd.in/dXuaSZhc #TaxmannUpdates #LLPAct #CompaniesAct #StakeHolders

Coming soon... our H1 2024 Regulatory Barometer 📄 The latest Barometer explores where the pressure is rising for Financial Services firms, plus all the need-to-know updates on key regulatory issues and intelligence. Subscribe today to automatically receive the Barometer and key regulatory publications 👉 http://spkl.io/60474LGjJ #regulation #financialservices

According to Portuguese legislation, it is prohibited for a commercial company to provide real or personal guarantees for debts of other entities, as established in Article 6, paragraph 3 of the Portuguese Commercial Companies Code. Nevertheless, Article 6, paragraph 3 itself admits exceptions, allowing the establishment of such guarantees if there is a justified self-interest of the guaranteeing company or if there is a dominance or group relationship between the companies involved. Know more here 👉🏼 https://lnkd.in/dimATAmh

The Corporate Transparency Act (CTA) introduces new rules that primarily target small businesses. If your business operates in the U.S. and meets certain criteria, such as having fewer than 20 employees or generating less than $5 million in annual revenue, you may be required to file a Beneficial Ownership Information Report (BOIR) under the CTA. Our legal experts are here to guide our clients through these changes and ensure your business remains compliant. Learn more here: https://lnkd.in/eS-9AYCE .   #CTA2024 #BusinessLawyers #StrategicLawyering

There are 23 exemptions to the Corporate Transparency Act (CTA)? If you are a small business, it is unlikely that you qualify for an exemption. Want to know for sure if your company is exempt? You can take the CTA Quiz or you can contact us today! ➡️➡️ Take the CTA Quiz now: https://lnkd.in/dds_N-Jp #corporatetransparencyact #smallbusiness #llc #irs #floridabusiness #legalcompliance #menendezlawfirm

Are you required to file? Not sure? Check out the information and link below.

Are you aware of changes to the Companies Act (UK)? The changes are to tighten up controls and identification processes. Please see the following for full details. And the fees are increasing! https://lnkd.in/e4tW5QVP