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FEDERALE OVERHEIDSDIENST FINANCIEN - 31 JULI 2009. - Wet tot omzetting van Richtlijn 2007/44/EG wat betreft procedureregels en evaluatiecriteria voor de prudentiële beoordeling van verwervingen en vergrotingen van deelnemingen in de financiële sector.

Stage enactedUpdated 7d ago

This law implements EU Directive 2007/44/EC into Belgian national law. It establishes standardized procedures and evaluation criteria for assessing when individuals or companies want to acquire or increase significant stakes in financial institutions. This ensures that any change in ownership is thoroughly vetted to maintain the stability and integrity of the financial system. Financial institutions and potential investors in Belgium are directly affected. The legislation sets out the specific requirements and assessment processes that regulators must follow when reviewing major changes in the ownership structure of banks and other financial entities.