Loyens & Loeff advises Cycle Link International on acquisition of Waste Paper Trade

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Luxembourg tax update: Tax policy of the new government and update on ATAD implementation

On 5 December 2018, the new Luxembourg government was installed. Its policy program for the coming years includes, on the tax side, a further decrease of the Luxembourg corporate tax rate with one percentage point. The previous day, the Luxembourg government also proposed amendments to the currently pending bill of law implementing the EU Anti-Tax Avoidance Directive (ATAD) in Luxembourg law. Please click here for the tax […]

Dutch DPA publishes Q&A on explicit consent under PSD2

PSPs are required to request explicit consent for accessing personal data. Different rules apply if the services provided are limited to account information services. A PSP may only request explicit consent regarding access to personal data which is necessary for providing its services. On 18 October 2018, the Dutch Data Protection Agency (Autoriteit Persoonsgegevens) issued […]

New self-employment law to be delayed until 1 January 2021

By Edith Franssen, Ralph Ferouge On 26 November 2018, the Minister for Social Affairs and Employment, Mr. W. Koolmees, presented a Letter to Parliament about the state of affairs concerning the Dutch Assessment of Employment Relationships Deregulation Act (the DBA Act). The intended entry into force of the successor of the DBA Act will be postponed until […]

ACM sets high expectations for impact of PSD2 on payment services market

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VMS offers clarity to healthcare providers in the area of profit distribution

By Frank Leijdesdorff, Vivian den Bakker On 2 November 2018, the Ministry of Health, Welfare and Sport ( VWS ) clarified its research into profit distributions by healthcare providers in a letter to the Senate. According to the Ministry of Health, Welfare and Sport (VWS), there are currently three routes. Firstly, (branch) organizations are given the opportunity to share their views on profit […]

Latest Briefings

Capital markets round up: December 2018

By John Hamer, Debbie Jackson, Richard Naish,Daniel O’Gorman The second edition of Capital Markets Update- The monthly briefing from the Corporate Group at Walker Morris rounding up the month’s developments within the equity capital markets and looking ahead to next month

Jersey: Changing rights and responsibilities of landlords and tenants

By Katharine Marshall Letting out property in Jersey was once a strictly private affair between a landlord and a tenant but, for some tenants, this came at the risk of uncertainty, an uneven playing field and at worst exploitation. It is now more than five years since the first in a series of laws and regulations […]

Litigation: Enforcement of foreign judgments in Romania

By Ioan Roman, Alexandra Ichim, Anca Baitan Which domestic laws and regulations govern the recognition and enforcement offoreign judgments in your jurisdiction? The recognition and enforcement of foreign judgments in Romania are governed by: • Book VII, Title III of the Civil Procedure Code (Law 134/2010), which was published in the Ofcial Gazette (Part I,545) […]

High Court dismisses BT’s appeal on RPI

By Ian J Gordon, Chris Edwards-Earl BT has lost its attempt to convince the Court of Appeal that it should be able to move away from the retail prices index (RPI) for indexation of benefits for one of the sections of its pension scheme. The Court of Appeal upheld the High Court judgment that RPI had not […]

Guernsey’s code of market conduct

By Ben Morgan, Miranda Dunlop The European Union’s Market Abuse Regulation (MAR) introduced in 2016 continues to present real challenges for businesses seeking to issue certain forms of listed debt securities on any EU regulated market, multi-lateral trading facility or organised trading facility. Guernsey is not part of the European Union and has its own market abuse […]

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