179 results Can you rely on your contract to process personal data? The EDPB adopted on 9 April 2019 a set of draft guidelines on personal data processing under Article 6(1)(b) GDPR in the context of providing online services to data subjects. Financial sector remains on the antitrust radar: the report on loan syndication is out The European Commission recently published a report it had commissioned to examine the market dynamics and potential antitrust risks related to loan syndication. Updated FAQ clarifies that listed companies do not have to register their UBO in Belgium The Belgian AML Act does not provide an exemption for listed companies regarding the registration of their UBO. According to a recently updated government FAQ, however, listed companies do not have to register their UBO. ICO to impose record-breaking fines for inadequate security measures and data breaches Though the European data protection authorities have taken their time in enforcing the GDPR two announcements by the ICO in the UK regarding proposed fines for British Airways and Marriott demonstrate that large fines are about to start landing regularly. Double roles in attributing knowledge The knowledge of a person who in fact runs a company can be attributed to the company if the sole director and shareholder is a 'straw man', the Supreme Court confirmed in a judgment of 29 March 2019. What is the Major Accidents (Risk) Decree 2015 and to which companies does it apply? The Major Accidents (Risk) Decree 2015 (Besluit risico's zware ongevallen 2015) (Brzo) imposes far-reaching and immediate obligations on companies falling under its scope. Commercial interest on overdue interest payments on a loan – uncertainty remains If a person buys a car from a car dealer and fails to pay the purchase price on the agreed date, that person has to pay not only the purchase price but also statutory interest (Clause 6:119 DCC), unless otherwise agreed. UK investment firms will be temporarily exempt from the Dutch licensing requirement as of 30 March 2019 On 4 February, the Dutch Minister of Finance published an amendment to the Exemption Regulation under the Financial Supervision Act (Vrijstellingsregeling Wft). The amendment provides for a temporary exemption from the licencing requirement for investment Amended governance rules addressing third party funding for collective claim organizations On 4 March 2019, an amended version of the Dutch "Claimcode" was published. The Claimcode is an instrument of self-regulation, created by parties who are active on the claims market. Legislative proposal on mass damages claims approved by the Dutch Senate On 19 March 2019, the Dutch Senate approved the legislative proposal that introduces collective actions for damages under article 3:305a of the Dutch Civil Code (DCC). As the legislative proposal did not give rise to any debate in the Senate, it was passe Stibbe advises PostNL and ING Stibbe advises PostNL and ING on the sale of their shares in book store chain Bruna to the Dutch publisher VBK (rebranded as Shared Stories Group). Stibbe advised Iret Development Stibbe acted as counsel to Iret Develoment in its tendering procedure, development, and negotiations of the more than EUR 100 million public–private partnership (PPP) project, which is the new police headquarters building in Antwerp. Stibbe represents Nationale Nederlanden Stibbe advised the post-merger integration team of NN and Delta Lloyd as they form the biggest insurance company in the Netherlands. Stibbe represents BP Plc in a successful defence in a securities class action initiated by Dutch Shareholders Association VEB before the Amsterdam District Court On 28 September 2016, the Amsterdam District Court granted a motion to dismiss for lack of international jurisdiction filed by BP in a securities class action initiated by VEB. VEB had requested a declaratory judgment on the basis of Article 3:305a Dutch Stibbe advises on the IPO of Basic-Fit Stibbe advises Basic-Fit, the largest "value-for-money" fitness club operator in Europe as measured by number of clubs, on its IPO. Stibbe advises Funai Stibbe represents Funai in a major post-M&A dispute with Philips. Stibbe advised Mainfreight Gotta catch ‘em all? Upward referral of ‘killer acquisitions’ upheld Companies involved in intended or completed M&A transactions falling below EU and national merger notification thresholds should beware that their deals may still catch the European Commission’s eye. Pagination Previous page Page 7 Current page 8 Page 9 Page 10 Next page
Can you rely on your contract to process personal data? The EDPB adopted on 9 April 2019 a set of draft guidelines on personal data processing under Article 6(1)(b) GDPR in the context of providing online services to data subjects.
Financial sector remains on the antitrust radar: the report on loan syndication is out The European Commission recently published a report it had commissioned to examine the market dynamics and potential antitrust risks related to loan syndication.
Updated FAQ clarifies that listed companies do not have to register their UBO in Belgium The Belgian AML Act does not provide an exemption for listed companies regarding the registration of their UBO. According to a recently updated government FAQ, however, listed companies do not have to register their UBO.
ICO to impose record-breaking fines for inadequate security measures and data breaches Though the European data protection authorities have taken their time in enforcing the GDPR two announcements by the ICO in the UK regarding proposed fines for British Airways and Marriott demonstrate that large fines are about to start landing regularly.
Double roles in attributing knowledge The knowledge of a person who in fact runs a company can be attributed to the company if the sole director and shareholder is a 'straw man', the Supreme Court confirmed in a judgment of 29 March 2019.
What is the Major Accidents (Risk) Decree 2015 and to which companies does it apply? The Major Accidents (Risk) Decree 2015 (Besluit risico's zware ongevallen 2015) (Brzo) imposes far-reaching and immediate obligations on companies falling under its scope.
Commercial interest on overdue interest payments on a loan – uncertainty remains If a person buys a car from a car dealer and fails to pay the purchase price on the agreed date, that person has to pay not only the purchase price but also statutory interest (Clause 6:119 DCC), unless otherwise agreed.
UK investment firms will be temporarily exempt from the Dutch licensing requirement as of 30 March 2019 On 4 February, the Dutch Minister of Finance published an amendment to the Exemption Regulation under the Financial Supervision Act (Vrijstellingsregeling Wft). The amendment provides for a temporary exemption from the licencing requirement for investment
Amended governance rules addressing third party funding for collective claim organizations On 4 March 2019, an amended version of the Dutch "Claimcode" was published. The Claimcode is an instrument of self-regulation, created by parties who are active on the claims market.
Legislative proposal on mass damages claims approved by the Dutch Senate On 19 March 2019, the Dutch Senate approved the legislative proposal that introduces collective actions for damages under article 3:305a of the Dutch Civil Code (DCC). As the legislative proposal did not give rise to any debate in the Senate, it was passe
Stibbe advises PostNL and ING Stibbe advises PostNL and ING on the sale of their shares in book store chain Bruna to the Dutch publisher VBK (rebranded as Shared Stories Group).
Stibbe advised Iret Development Stibbe acted as counsel to Iret Develoment in its tendering procedure, development, and negotiations of the more than EUR 100 million public–private partnership (PPP) project, which is the new police headquarters building in Antwerp.
Stibbe represents Nationale Nederlanden Stibbe advised the post-merger integration team of NN and Delta Lloyd as they form the biggest insurance company in the Netherlands.
Stibbe represents BP Plc in a successful defence in a securities class action initiated by Dutch Shareholders Association VEB before the Amsterdam District Court On 28 September 2016, the Amsterdam District Court granted a motion to dismiss for lack of international jurisdiction filed by BP in a securities class action initiated by VEB. VEB had requested a declaratory judgment on the basis of Article 3:305a Dutch
Stibbe advises on the IPO of Basic-Fit Stibbe advises Basic-Fit, the largest "value-for-money" fitness club operator in Europe as measured by number of clubs, on its IPO.
Gotta catch ‘em all? Upward referral of ‘killer acquisitions’ upheld Companies involved in intended or completed M&A transactions falling below EU and national merger notification thresholds should beware that their deals may still catch the European Commission’s eye.