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EBA Reports on Virtual IBANs

On 24 May 2024, the European Banking Authority (EBA) published a report on virtual IBAN (vIBANs) in which the EBA set outs characteristics and use cases of vIBANs and comments on identified risks associated with this development in the payments market.

The anti-SLAPP Directive has legal effect

Litigation against, for example journalists, NGOs, and human rights defenders could effectively silence them. To prevent this, the European Parliament and the Council of the European Union recently adopted the anti-SLAPP Directive.

Contractual clauses prohibiting the transferability or pledgeability of business claims could become void in the near future

We discuss a draft bill to declare contractual clauses limiting the transferability and/or pledgeability of claims in business relations void, and call upon the Dutch Senate to reconsider at least its applicability to existing contracts.

Stibbe helps advise BlackRock on its appointment as OCIO of the EUR 27bn pension plan of Stichting Shell Pensioenfonds

A Stibbe team co-led by Roderik Vrolijk and Ingrid Viertelhauzen has provided Dutch law advice to BlackRock on its appointment as the fiduciary manager for Stichting Shell Pensioenfonds.

The Draghi Report: a reality check for ESG regulation in the EU

On 17 September 2024, former president of the European Central Bank Mario Draghi published his report to the European Commission with observations on Europe’s sustainable competitiveness and recommendations for Europe’s future.

The new sustainability advertising code: lessons from one year of review by the advertising code committee

In the first year since the SAC came into force there have been 22 rulings by the ACC and the AT in which an advertisement has been tested against the SAC. This blog addresses the lessons that can be drawn from an analysis of these rulings.

De nieuwe duurzaamheidsreclamecode: lessen voor de praktijk uit een jaar toetsing door de Reclame Code Commissie

In het eerste jaar sinds de inwerkingtreding van de Code voor Duurzaamheidsreclame zijn er 22 uitspraken geweest van de Reclame Code Commissie en het College van Beroep waarin een reclame-uiting aan de CDR is getoetst. Dit blog bevat een analyse.

Carolin Baes

Junior Associate Brussels

Arnaud Bouteille

Junior Associate Brussels

Dominique Overheul

Junior Associate Amsterdam

Juriaan Berckenkamp

Senior Associate Amsterdam

Court of Appeal overturns first instance judgment and establishes that several prestressing steel producers are liable for the potential loss alleged by Deutsche Bahn

The Court of Appeal of 's-Hertogenbosch ruled that several producers of prestressing steel are jointly and severally liable for potential loss that Deutsche Bahn may have suffered as a result of an infringement of competition law rules.

Introduction of the banking oath in Belgium

On January 15, the law introducing the banking oath and ethical rules in the banking sector was published in the Belgian Official Gazette.

Instauration d’un serment bancaire en Belgique

Le 15 janvier dernier, la loi introduisant le serment bancaire et des règles déontologiques dans le secteur bancaire était publiée au Moniteur belge.

Invoering van de bankierseed in België

Op 15 januari werd de wet tot invoering van de bankierseed en tuchtrechtelijke regeling gepubliceerd in het Belgisch Staatsblad.

Gelieerde bestuurders en commissarissen

Gelieerde bestuurders en commissarissen hebben een dubbele loyaliteit. Zij zijn loyaal aan zowel de rechtspersoon als hun achterman, zoals een aandeelhouder, een overheid of de medezeggenschap.

European Commission adopts Delegated Regulations on oversight fees and critical ICT third-party service providers (DORA) and Delegated Regulations under MiCAR

On 22 February 2024, the European Commission adopted two Delegated Regulations under the Regulation on digital operational resilience for the financial sector and four Delegated Regulations under the Markets in Crypto-Assets Regulation.

AFM review indicates lack of transparency in use of alternative performance measures by Dutch issuers

AFM sets out the findings of its review of the use of alternative performance measures in financial reporting and concludes that Dutch issuers often fall short of the required level of transparency when reporting their alternative performance measures.

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