Regulatory Alerts2016-11-25
Added · Updated
Law of 21 November 2016 on the status and supervision of stock exchange companies regarding certain expedited appeal procedures before the Council of State
This law amends Article 36/22 of the Organic Statute Law of the National Bank of Belgium to extend expedited appeal procedures before the Council of State to stock exchange companies. The amendments align the appeal rights of stock exchange companies with those of credit institutions, covering decisions taken by the Bank and the Resolution College under specific articles of the Law of 25 April 2014. Additionally, the law updates the list of entities subject to administrative penalties (astreintes) that can be appealed via these expedited procedures. The law enters into force on the tenth day following its publication in the Belgian State Gazette.
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