Our practice
The department has been involved in the following non contentious matters:
- Acquisition of two Belgian financial institutions; due diligence with a
view to the acquisition of another Belgian bank;
- Filing of requests with the Belgian Banking and Finance Commission
(CBFA) on behalf of two different financial institutions in order to be
allowed to trade in the market of mortgage loans;
- Filing of requests with the Federal Economy Ministry (SPF Economie)
with a view to being allowed to act as a credit provider;
- Drafting of several types of contracts, under the supervision of the
Federal Economy Ministry (SPF Economie) in the framework of the Act of June
12, 1991 on consumer credit;
- Implementation of several credit services, sometimes associated with
the use of credit cards;
- Drafting of provisions linked to the protection of privacy on behalf of
several financial institutions;
- Drafting of various complex financing agreements for credit
institutions, including Project Finance deals and "cash pool"
agreements".
- Drafting of financing agreements designed for the automobile dealers of
a well-known car manufacturer, involving a financial institution and the
official distributor of the brand; drafting of a specific range of
securities and guarantees;
- Drafting of a legal memorandum regarding the amicable recovery of debts
in execution of rules governing consumer and data privacy
protection;
- Assistance in the implementation of internal procedures as regards the
prevention of money laundering;
- Drafting of a legal memorandum for financial institutions concerning
the implementation of the new European regulation on capital adequacy
("Bâle II agreements");
- Drafting of a legal memorandum for financial institutions regarding the organisation of their credit departments;