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Articles - In 2013, the European Commission adopted a Recommendation on Collective Redress. It invited Member States to adopt a collective redress framework by July 2016 that would include the features mentioned in the Recommendation and then by July 2017, to report to the Commission about the extent to which they had done so. On the basis of the Member States’ report, the Commission will assess whether further actions by the EU is required.

Short Reads - The PRIIPs Regulation introduces the so-called Key Information Document (the so-called “KID”) which will have to be provided to retail consumers when they buy retail and insurance-based investment products. These include asset management products and other "packaged" investment products sold by banks or insurance companies.

Short Reads - In civil law many rules rely for their legal effect on the presence of certain knowledge or a certain intention with one of the parties. If the party at hand is a legal entity, like a limited company (besloten vennootschap), it can be difficult to determine what the entity knew. Fragments of information can be present in different parts of the organisation; an officer of the company may have gained his knowledge trough his private life; he may also have a duty of confidentiality.

Inside Stibbe - From Monday 20 June 2016 we will be located in our brand new office building at Beethovenplein 10.