May 10, 2023 - l'Européenne de Bruxelles

Auditor and lawyer appointed to clear the mess of first Belgian cryptocurrency exchange

May 10, 2023 1087 views

Belgium’s stock market authority, the FSMA, has referred the file on the debacle at Bit4You, Belgium’s first cryptocurrency trading platform, to the Brussels public prosecutor’s office, L’Echo reported on Monday. The Brussels company court has also appointed two provisional administrators, lawyer Nicholas Ouchinsky and auditor Dirk Smets, to examine options for rescuing the platform and protecting the interests of customers. They will have to report back to the court in the coming weeks. Some 41,800 Belgian clients have invested around €13 million on the platform, but these funds are currently…

De Sutter defends her HR choices

May 10, 2023May 11, 2023 1087 views

Belgium’s Deputy Prime Minister Petra De Sutter branded her decision to employ two Bpost experts who were still being paid by the company as “a bad practice from the past that must be stopped.” Questioned on the scandal by a parliamentary committee on Tuesday, she announced that the advisors will rejoin Bpost as “they can no longer do their job” within her cabinet following last week’s revelations. La Libre and De Tijd had reported that two members of the Deputy PM’s cabinet, which she had hired from the Bpost, were…

Methane emission regulation will include energy sector, petrochemical, exclude agriculture

May 10, 2023 1087 views

The European Parliament “urged” the Commission on Tuesday to propose a binding methane emissions reduction target – including petrochemicals – by the end of 2025 for all relevant sectors. Whilst there is already an EU strategy in place to reduce greenhouse gas emissions – and very specific legislation to reduce CO2 emissions – there is still no EU legislation to reduce methane emissions specifically. However, the warming effect of this gas over 20 years is 80 times more powerful than that of carbon dioxide, stressed Environment Committee chair Pascal Canfin…