284 results Banking and Finance We are a leading team of finance lawyers with in-depth knowledge of ever-changing rules and regulations and developments in the financial markets. We advise our clients on the constant challenges and opportunities they face and on their financial markets transactions. Announcement of amendments to draft bill to exclude RETT concurrence exemption for share deals The Dutch government announced that the draft legislative proposal to exclude the application of the RETT concurrence exemption on the acquisition of a qualifying share interest in companies owning newly developed real estate will be amended. Stibbe welcomes Philip De Roo as Counsel Stibbe welcomes employment law expert Philip De Roo as new Counsel in its Brussels office. Philip strengthens Stibbe’s Employment, Benefits and Pensions practice as of 3 July 2023. Commission publishes PSD3 and PSR Proposal; a tightening of the regulation of payment services providers in the EU On June 28, 2023, the European Commission published a set of new legislative proposals, including PSD3, aimed at ushering in the digital era for payments and the broader financial sector, with a particular focus on consumers. Extended producer responsibility for textiles from 2025: what does this mean for textile producers in the Netherlands? Sinds 1 juli 2023 is het Besluit uitgebreide producentenverantwoordelijkheid textiel in werking getreden. Guidelines vs Guidance: exclusionary abuse Guidelines due by 2025 The European Commission is seeking feedback on the adoption of Guidelines on exclusionary abuses of dominance under Article 102 TFEU. In the meantime, the Commission has amended its 2008 Guidance. The impact of geopolitical developments on transactions: a tangled web of rules and hurdles Where is the line between openness and protectionism in the European single market? At both EU and national level, more and more protective barriers against foreign investors and acquirers have been created in the international competition. Reliance on war exclusion clause after cyberattack fails; insurers must pay out over a billion dollars in damages The NotPetya computer virus went global in 2017. Many companies, including pharmaceutical company Merck, suffered major damage as a result. Merck was insured with several all-risk property insurers and claimed compensation for their losses. FAQ: An Open Government Act request has been submitted that relates to me, now what? The Dutch government has given you the opportunity to present your views on an intended disclosure of information based on the Open Government Act (Wet open overheid). What does the Open Government Act entail? Tax Controversy Update February 2023 This Tax Alert addresses certain recent developments concerning procedural tax law in the Netherlands. ECHR starts substantive hearing of Dutch complaint over downing of flight MH17 The ECHR ruling concerns three complaints against Russia related to human rights violations in the Donbas (eastern Ukraine) since 2014, including the downing of flight MH17. The ECHR finds that the Netherlands' complaint about the downing of flight MH17 Draft bill published to exclude RETT concurrence exemption for share deals The Dutch government launched an online consultation on a draft bill to exclude the application of the RETT concurrence exemption as per 1 January 2024 in case of the acquisition of a share interest in companies owning newly developed real estate. The future of nuclear power in the Netherlands (part 2): Borssele preferred site for two new nuclear power plants On 9 December 2022, Minister Jetten for Climate and Energy presented to the Second Chamber of the House of Representatives his further elaboration of the coalition agreement's intentions on nuclear energy. Data Privacy Day 2023: highlighting the most impactful ECJ judgments from the past year In recent years, the ECJ has issued landmark judgments with far-yielding consequences for data controllers and data processors. To celebrate Data Privacy Day 2023, we highlighted the most impactful judgments of the ECJ from the past year. Abuse: an access request you can’t refuse? The European Court of Justice has confirmed that the essential facilities test is limited to ‘pure’ access cases. Infringement of a regulatory access obligation must be assessed under the general framework for abuse of dominance. The ACM’s priorities in 2023: the energy transition, digitalisation, and sustainability On 26 January 2023, the ACM announced that its priorities for 2023 would be the energy transition, the digital economy, and sustainability. This agenda is unsurprising in view of the ACM’s recent policy statements and enforcement actions. Financial Stability Board issues uniform bank cyberattack reporting framework On 13 April 2023, the Financial Stability Board (FSB) published a report on convergence in Cyber Incident Reporting (CIR). Dutch Supreme Court decides on liability of de facto directors under Dutch law: ‘setting aside’ of formal directors is not required In bankruptcy proceedings, directors under the articles of association of a Dutch B.V. or N.V. can be held liable by a bankruptcy trustee on the basis of specific articles of the Dutch Civil Code concerning manifestly improper management. Pagination Current page 1 Page 2 Page 3 Page 4 Next page
Banking and Finance We are a leading team of finance lawyers with in-depth knowledge of ever-changing rules and regulations and developments in the financial markets. We advise our clients on the constant challenges and opportunities they face and on their financial markets transactions.
Announcement of amendments to draft bill to exclude RETT concurrence exemption for share deals The Dutch government announced that the draft legislative proposal to exclude the application of the RETT concurrence exemption on the acquisition of a qualifying share interest in companies owning newly developed real estate will be amended.
Stibbe welcomes Philip De Roo as Counsel Stibbe welcomes employment law expert Philip De Roo as new Counsel in its Brussels office. Philip strengthens Stibbe’s Employment, Benefits and Pensions practice as of 3 July 2023.
Commission publishes PSD3 and PSR Proposal; a tightening of the regulation of payment services providers in the EU On June 28, 2023, the European Commission published a set of new legislative proposals, including PSD3, aimed at ushering in the digital era for payments and the broader financial sector, with a particular focus on consumers.
Extended producer responsibility for textiles from 2025: what does this mean for textile producers in the Netherlands? Sinds 1 juli 2023 is het Besluit uitgebreide producentenverantwoordelijkheid textiel in werking getreden.
Guidelines vs Guidance: exclusionary abuse Guidelines due by 2025 The European Commission is seeking feedback on the adoption of Guidelines on exclusionary abuses of dominance under Article 102 TFEU. In the meantime, the Commission has amended its 2008 Guidance.
The impact of geopolitical developments on transactions: a tangled web of rules and hurdles Where is the line between openness and protectionism in the European single market? At both EU and national level, more and more protective barriers against foreign investors and acquirers have been created in the international competition.
Reliance on war exclusion clause after cyberattack fails; insurers must pay out over a billion dollars in damages The NotPetya computer virus went global in 2017. Many companies, including pharmaceutical company Merck, suffered major damage as a result. Merck was insured with several all-risk property insurers and claimed compensation for their losses.
FAQ: An Open Government Act request has been submitted that relates to me, now what? The Dutch government has given you the opportunity to present your views on an intended disclosure of information based on the Open Government Act (Wet open overheid). What does the Open Government Act entail?
Tax Controversy Update February 2023 This Tax Alert addresses certain recent developments concerning procedural tax law in the Netherlands.
ECHR starts substantive hearing of Dutch complaint over downing of flight MH17 The ECHR ruling concerns three complaints against Russia related to human rights violations in the Donbas (eastern Ukraine) since 2014, including the downing of flight MH17. The ECHR finds that the Netherlands' complaint about the downing of flight MH17
Draft bill published to exclude RETT concurrence exemption for share deals The Dutch government launched an online consultation on a draft bill to exclude the application of the RETT concurrence exemption as per 1 January 2024 in case of the acquisition of a share interest in companies owning newly developed real estate.
The future of nuclear power in the Netherlands (part 2): Borssele preferred site for two new nuclear power plants On 9 December 2022, Minister Jetten for Climate and Energy presented to the Second Chamber of the House of Representatives his further elaboration of the coalition agreement's intentions on nuclear energy.
Data Privacy Day 2023: highlighting the most impactful ECJ judgments from the past year In recent years, the ECJ has issued landmark judgments with far-yielding consequences for data controllers and data processors. To celebrate Data Privacy Day 2023, we highlighted the most impactful judgments of the ECJ from the past year.
Abuse: an access request you can’t refuse? The European Court of Justice has confirmed that the essential facilities test is limited to ‘pure’ access cases. Infringement of a regulatory access obligation must be assessed under the general framework for abuse of dominance.
The ACM’s priorities in 2023: the energy transition, digitalisation, and sustainability On 26 January 2023, the ACM announced that its priorities for 2023 would be the energy transition, the digital economy, and sustainability. This agenda is unsurprising in view of the ACM’s recent policy statements and enforcement actions.
Financial Stability Board issues uniform bank cyberattack reporting framework On 13 April 2023, the Financial Stability Board (FSB) published a report on convergence in Cyber Incident Reporting (CIR).
Dutch Supreme Court decides on liability of de facto directors under Dutch law: ‘setting aside’ of formal directors is not required In bankruptcy proceedings, directors under the articles of association of a Dutch B.V. or N.V. can be held liable by a bankruptcy trustee on the basis of specific articles of the Dutch Civil Code concerning manifestly improper management.