Stibbe attends IBA's Annual Conference in Vienna

Speaking slot - Eumedion is organising a symposium on listed companies and their reporting in the Jaarbeurs (Utrecht) on 5 November. Stibbe lawyer and Professor of Financial Reporting Law Steven Hijink is to be chairman for the event.

Short Reads - The General Court annulled the EUR 33.6 million fine imposed on banking group HSBC for its participation in the euro interest rates derivatives cartel. Full annulment was granted based on the Commission's failure to provide sufficiently detailed reasoning for the first step of the fine calculation, establishing the value of sales. As the value of sales could not be established in a straightforward way, the Commission used a proxy. When doing so, the Commission needs to properly explain its reasoning to allow the companies fined to understand how it arrived at the proxy. 

Speaking slot - Holland Financial Network will soon hold its annual conference on the developments in financial supervision, the IBOR transition and the benchmarks regulation. The 2019 edition will be held in the auditorium of the World Trade Center (Amsterdam) on 11 October.

Conference - On 15 October, Erik Valgaeren is a keynote speaker at the  Data Driven Business Summit in Brussels.