Regulatory Alerts2009-11-18
Circular CBFA_2009_32 on reporting obligations for qualifying holdings in financial institutions
The Belgian Financial Services and Markets Authority (CBFA) issued this circular to clarify prudential reporting obligations imposed on financial institutions by the Law of 31 July 2009. The document mandates that institutions governed by Belgian law submit occasional statements when shareholdings cross specific thresholds and annual statements detailing the identity and proportion of qualifying shareholders. These requirements complement the notification duties of proposed acquirers and are transmitted via the eCorporate communication platform to ensure effective prudential supervision.
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