Draft law simplifying Belgian rules applicable to listed companies

A draft Belgian law will ease certain rules for listed companies. 

Key changes include:

  • Delayed disclosure of inside information: FSMA justification only when requested. 
  • Rights issue marketing materials: prior FSMA approval no longer needed - just notification. 
  • Shareholders’ meeting notices: no more publication in the Belgian Official Gazette or a national newspaper.

The law will take effect ten days after publication in the Belgian State Gazette, once approved.