Temporary law on transparency turboliquidation
Like the House of Representatives (on Feb. 16 last year), the Senate (on March 14 last year) disposed of the bill “Temporary Turboliquidation Transparency Act” as a hammer piece. The law provides for a (temporary) amendment to the regulation concerning turboliquidation. The aim is to increase confidence in the scheme and thus make turboliquidation a […]
Temporary law on transparency turboliquidation
On June 28, the preliminary draft “Temporary Act on Transparency Turboliquidation” was released for consultation. This bill aims to (temporarily) amend the regulations on turboliquidation. The amendments concern the introduction of a financial accountability obligation for directors and the possibility to impose a civil-law management ban in case of abuse. The consultation deadline is July […]
