Posts in Nieuws
Social Impact Bonds and Belgium's Plan for Recovery and Resilience

In June 2021, the European Commission approved the Belgian Plan for Recovery and Resilience. Belgium will receive €5.9 billion from Europe to address the economic and social impact of the Covid-19 pandemic. The plan explicitly refers to the use of Social Impacts Bonds (SIBs), a form of public-private partnership, to finance social projects. Yvette Verleisdonk, an expert in the field of SIBs, discusses the ways in which SIBs can be used to address social challenges in an article in the newsletter of MVO Vlaanderen, an organisation promoting SCR in Belgium.

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Sarah Verschaeve and Lisa Bueken in Tijdschrift voor Rechtspersoon en Vennootschap (Journal of Legal Entity and Company)

In the August issue of TRV-RPS (2021/5), Sarah Verschaeve and Lisa Bueken discuss the impact of the Law of 20 December 2020 on the organization of the general assembly of (international) associations. The full table of contents of issue 2021/5 can be found here: https://www.fiscoloog.be/trv/default.aspx?l=NL&v=918946262. Do not hesitate to contact us, if you would like to receive a copy of the article.

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Alternative meeting options of the general meeting and other novelties

In this newsletter, we discuss the amendments introduced by the Act of 20 December 2020 to the Code of Companies and Associations ('CCA') regarding the possibility of holding general meetings of companies and (international) associations. Thereafter, we explain the scope of the Constitutional Court's judgment of 15 October 2020, which annulled a provision of the CCA regarding the internal rules. Finally, we reiterate the situation of existing CVBAs/SCRLs and the impact of the Remedial Act of 28 April 2020 thereon.

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UBO-register - new obligations

The Royal Decree of 23 September 2020 completes and amends the obligations concerning the UBO register. The new decree aligns the UBO rules with anti-money laundering guidelines, the GDPR and the new Belgian Companies and Associations Code.

The most important changes we gladly list for you.

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Brussels European Association Forum (BEAF) 20 November 2020

Curia is a proud partner of ASSOCIATIONWORLD and Visit.Brussels for the first Brussels European Association Forum (BEAF) that will take place on 20 November 2020. The event will bring together various Brussels and Benelux-based associations to exchange recent experiences and best practices. The program will include several interactive knowledge-sharing sessions and workshops, panel discussions and keynotes. BEAF is hosted by ASSOCIATIONWORLD and Visit.Brussels, in collaboration with Barcelona Convention Bureau, Boardroom, idloom and Curia.

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Innovative collaboration will use social impact bond to help young people get back on track

Yvette Verleisdonk, in collaboration with BNP Paribas Fortis, advised on the second social impact bond (SIB) in Flanders which was launched on the 4th of March 2020. The SIB is a cooperation between Oranjehuis vzw, the Flemish Government's Agency ‘Opgroeien’ (“Growing Up”) and the investors Besix Foundation, BNP Paribas European Social Impact Bonds Fund, BNP Paribas Fortis and Labido Invest (part of the BOSS paints group). The structuring is being taken care of by BNP Paribas Fortis and the BNP Paribas Group. Curia, in particular Yvette Verleisdonk, also advises on the first SIB in Flanders on NEET youth in Antwerp.

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A new year, a new beginning… and new rules?

In our previous newsletters (which you can find here), we already guided you through the most important changes of the new Code of Companies and Associations (hereafter “CCA”).  When you toasted to the new year on 1 January 2020, you probably didn't realize it, but 1 January 2020 was an important date for the CCA. Even though the bylaws of a company, association or foundation only have to be adapted to the CCA on 1 January 2024, the CCA has consequences for all companies, associations and foundations as of 1 January 2020. Curia would like to inform you about this.

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UBO-register finally up and running

The date has been postponed a number of times, but 30 September is D-Day. No later than this date, directors and managers of companies, not-for-profit associations and foundations must register the beneficial owners of their entities in the centralised register of beneficial owners (also known as the UBO register) of the Belgian Federal Public Service Finance.

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