Tailored events
The Chamber of Commerce offers its members the opportunity to sponsor and co-organize events.
The goal is to provide member companies with the opportunity to use the Chamber—an independent platform—to promote their business, develop new clients, and increase their visibility.
What does the Chamber do?
Opportunity to share the event’s branding with the Chamber.
Inclusion of the sponsor’s logo on all event marketing materials distributed to attendees.
How to create your event?
Send an email to info@e-camara.com
Webinar: Substance requirements and future application of the MLI to Spanish infrastructure and real estate structures
On November 12th, the Official Spanish Chamber of Commerce in Belgium and Luxembourg organized a webinar on “Substance requirements and future application of the MLI to Spanish infrastructure and real estate structures” in collaboration with Deloitte Luxembourg, with the participation of three experts from Deloitte in this area: Francisco Da Cunha (Partner), Samara Brey (Senior Manager) and Victor Sanlorien (Senior). The webinar took place within the framework of the Spanish Financial Forum, a committee of the Chamber focused on the financial services industry.
Marta González Benguria, General Secretary of the Chamber, who acted as moderator of the event, introduced the speakers and thanked them for their participation.
Francisco da Cunha then took the floor and thanked the Chamber for the invitation and all the attendees for their interest in the event. The speaker began by explaining the concept of ‘Substance’ in the context of tax treaties against double taxation and how this concept has evolved throughout the different versions of the treaties in terms of impact and coherence.
Samara Brey went on to discuss the Multilateral Instrument (MLI), which is currently operational in 94 different jurisdictions including Spain and Luxembourg. She explained what steps were needed for the MLI to apply to a Double Taxation Convention between two countries and what the minimum standards were that countries could not change. Samara also explained the principle purpose test (PPT), the test which seeks to determine whether treaties to which the MLI applies are not used to create opportunities for non-taxation or reduction of taxation. Therefore, Brey recommends that companies document that their operations have a substance and legitimacy that goes beyond mere tax reasons. The rapporteur went on to talk about the Danish Cases, and the case law they have created.
Victor Salorien spoke about the interpretation of these rules by the Spanish administration and justice and in particular the interpretation of the term ‘substance’ in Spain and Luxembourg respectively.
After the presentation, a question session was opened during which the attendees were able to raise all the doubts that had arisen during the event.
From the Official Spanish Chamber of Commerce in Belgium and Luxembourg we would like to thank Deloitte Luxembourg and the speakers for their collaboration in organising the webinar.
In collaboration with:
Virtual breakfast-debate with MEP César Luena López: Priorities of the Committee on Environment, Public Health and Food Safety (ENVI)
On Friday 13th November 2020, the Official Spanish Chamber of Commerce in Belgium and Luxembourg organized a new conference as part of the “Breakfasts with the European Parliament” cycle, a platform for meetings between Spanish companies and the European Parliament. The breakfast focused on “The priorities of the Committee on Environment, Public Health and Food Safety (ENVI) for the new legislature” and was attended by MEP César Luena López, vice-president of the Committee.
César Luena López began his speech by emphasizing the recent approval of the European Parliament’s position on the European Climate Law. This position includes a series of binding targets for Member States and the Union as a whole with the aim of reducing emissions by 60% by 2030, establishing intermediate targets for 2040 and finally achieving climate neutrality on the continent by 2050. The speaker also wanted to highlight from this draft legislation, which now moves to negotiations under trilogues, the implementation of a budget linked on carbon and a European council on climate change. The rapporteur on the European strategy for biodiversity gave a few insights on the dossier that will establish binding targets, generate a paradigm shift in consumption or adaptation of agriculture and fisheries with appropriate budget support. This biodiversity strategy must be based on funding of at least an additional 10% apart from the existing climate funds and address issues such as legal protection of soil and the management of invasive alien species in our ecosystems.
During the question time, the attendees were able to present their doubts and comments on many issues of interest. Thus, topics such as improving collaboration between sectors involved in animal health, the strategy “farm to fork”, the latest trends in Brexit or the potential impact of U.S. elections on environmental issues were discussed.
From the Official Spanish Chamber of Commerce in Belgium and Luxembourg we would like to thank César Luena López and all those present for their participation.
Webinar: The Luxembourg Stock Exchange and the Luxembourg Green Exchange: market trends and regulatory developments
Last Monday 26th October, the Official Spanish Chamber of Commerce in Belgium and Luxembourg organized a webinar on ‘The Luxembourg Stock Exchange and the Luxembourg Green Exchange: market trends and regulatory developments’ in collaboration with Luxembourg Stock Exchange (LuxSE), and with the participation of its Head of Regulatory Affairs, Paula Redondo Pereira. The webinar was organised within the framework of the Spanish Financial Forum, a committee of the Chamber focused on the financial services industry.
Marta González Benguria, General Secretary of the Chamber, introduced the speaker and acted as a moderator of the event.
Then, Paula Redondo took the floor and thanked the Chamber for their invitation, as well as to all the attendees for their interest in the event. The speaker began by explaining the activity and functioning of the LuxSE, an institution with more than 90 years of history. Paula explained that the LuxSE is owned by market participants (banks, financial institutions, etc.) as well as by the government of the Grand Duchy of Luxembourg. The different activities developed within the LuxSE were presented, with special emphasis on listing, which is the main activity. The position of Spanish issuers, which currently stands at 43, was then outlined. This number is expected to grow in the near future due to the significant benefits of the LuxSE for issuers and investors.
The second part of the webinar focused on the Luxembourg Green Exchange (LGX), the first and so far only platform dedicated exclusively to sustainable financial instruments, created in 2016. The LGX is contributing to the regulation that is taking place in this field on the initiative of the European Commission, as it is part of the ‘EU Commission’s High Level Expert Group (HLEG) on sustainable finance’ and the ‘EU Commission’s Technical Expert Group (HLEG) on sustainable finance’. Currently, the possibility of creating standardized Green Bonds at the European level is being considered, an initiative in which LuxSE takes part.
Following the presentation, a question time was opened during which the attendees could ask all the doubts that arose during the event.
From the Official Chamber of Commerce of Spain in Belgium and Luxembourg we would like to thank Paula Redondo Pereira for accepting the invitation and all participants for their attendance.