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Financial Regulatory – Update Q1 2021

Traditionally, 1 January (and 1 July) each year is a date on which new Dutch financial regulations enter into force. This year, the amendments to the Dutch Financial Supervision Act are relatively few, but other developments are worthy of attention.

Google Ads op basis van de naam van een concurrent vormen op zich geen oneerlijke marktpraktijk

Volgens het Hof van Beroep te Gent is het eigen aan de vrije mededinging, en toegestaan, dat een onderneming internetreclame maakt op basis van trefwoorden die overeenkomen met de benaming en/of vestigingsplaats van een concurrent.

Des « Google Ads » basés sur le nom d'un concurrent ne constituent pas en tant que telle une pratique commerciale déloyale

Selon la Cour d'appel de Gand, il est inhérent à la libre concurrence et admis qu'une entreprise fasse de la publicité sur Internet sur base de mots-clés qui correspondent au nom et/ou au siège d'un concurrent.

DNB publishes guidelines for outsourcing notifications by insurers

Requirements applicable to outsourcing (including intra-group arrangements as well as outsourcing to the cloud) under Dutch and EU financial regulatory regimes have become more stringent in recent years. Outsourcing has therefore been a priority on the Du

Stibbe advises Schneider Electric

Stibbe advises Schneider Electric, the leader in the digital transformation of energy management and automation, on its strategic investment in Planon.

A digital transition in the financial services sector

On 24 September 2020, the European Commission (the “Commission”) adopted the Digital Finance Package (the “Package”). The aim of this initiative is to create a competitive EU financial sector that gives consumers access to innovative financial products.

European Banking Federation Guidance on testing of Cloud Exit Strategy

Financial institutions may outsource critical or important functions to cloud service providers (“CSPs”). On 25 February 2019 the European Banking Authority (“EBA”) provided guidelines (the “EBA Guidelines”) laying out the framework for outsourcing arrang

ESMA publishes report on licencing of fintech firms across europe

On 12 July, the European Securities and Markets Authority ("ESMA") published a report on the status of licencing regimes of FinTech firms across the European Union ("EU").

Webinar: Cloud computing in the financial sector

On Wednesday 4 November 2020, Marc Spuijbroek and Roderik Vrolijk will host a webinar about cloud computing in the financial sector, which, at the same time, may be relevant outside that sector. This webinar is part of the TMT Masterclasses webinar-series

International webinar on cloud computing in the financial sector

Stibbe is organising an international webinar on cloud computing in the financial sector - What financial institutions need to know when considering a move to the Cloud. The webinar takes place on 30 June 2020 at 4:00 pm.​​

ESG risk management: developments in the Dutch and EU financial sector

What ESG risk rules are coming for EU/Dutch financial firms? DNB’s new climate risk Guide for insurers, pension funds, and payment firms aligns with EBA ESG Guidelines. This blog explains how both shape the future of EU ESG risk management.

Selectie van rechtspraak van het Hof van Justitie op prejudiciële vragen over consumentenrecht

Hier vindt u een selectie van uitspraken van het Hof van Justitie over prejudiciële vragen met betrekking tot het consumentenrecht in de periode van mei tot september 2024.

Sélection jurisprudence de la Cour de Justice sur des questions préjudicielles en matière de droit de la consommation

Vous trouverez ici une sélection de la jurisprudence de la Cour de justice relative aux questions préjudicielles en matière de droit de la consommation, couvrant la période de mai à septembre 2024.

Digital operational resilience as key priority for financial institutions

Financial institutions and third party ICT providers will have to strengthen their IT security organisations, as the European Digital Operational Resilience Act is expected to be fully applicable in early 2025 after a two-year implementation period.

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