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29 results

EU Regulator’s response to the Reddit rally

A massive stock market rally recently suddenly developed with respect to GameStop’s shares, a moribund chain of video game stores in the United States. The instigators: users of the investment forum r/wallstreetbets on Reddit.

Dutch Council of State cross-border decision: Minister rightly imposed fines on Curacao-based online platform for medicinal products

In the summer of 2021, the Dutch Council of State ruled that the Curacao-based company responsible for the website Dokteronline.com had rightly received two administrative fines.

Meer circulaire en duurzame producten onder de voorgestelde Ecodesign-Verordening

De Europese Commissie wil producten in de EU duurzamer maken met nieuw beleid en nieuwe wetten. De Commissie wil dat doen met 'Sustainable products intitiative'.

Evidentiecriterium door de Afdeling ontgroend: weigering om terug te komen van boete evident onredelijk

De Afdeling oordeelt in haar uitspraak van 28 april 2021 (ECLI:NL:RVS:2021:908) voor de eerste keer expliciet dat een weigering om van een in rechte onaantastbaar besluit terug te komen evident onredelijk is.

ABC-constructie bij vastgoedtransactie: verkoopbedrijf heeft afgeleid belang en is niet ontvankelijk bij bestuursrechter

Het zijn van ‘belanghebbende’ is een noodzakelijke voorwaarde om een ontvankelijk beroep te kunnen instellen bij de bestuursrechter (artikel 1:2 lid 1 Awb).

COVID-19 and the Financial Markets

As COVID-19 spreads across the globe, companies face various legal issues related to the disease and its spread. These issues result in disruption to business, alongside the related regulatory and contractual implications. The crisis is severely affecting

Hydrogen: Consultation by the Dutch regulator (ACM) on the role of group companies of TSOs and DSOs in the Dutch hydrogen market

On 30 March 2020, the Dutch Minister of Economic Affairs and Climate Policy presented the ‘Government strategy on hydrogen’, detailing the government strategy and policy agenda on hydrogen.

NFTs: New legal challenges on the horizon

In this blog Maciek Bednarski, Annemijn Witkam and Roderik Vrolijk explain what NFTs are and describe some of the legal challenges they will bring about.

EU Advocate General balances data protection rights against trade secrets in algorithmic credit scoring case

On 16 march 2023, Advocate General Pikamäe issued his opinion on the scope of data subject rights in the context of algorithmic credit scoring.

Initiatiefwetsvoorstel zorgplicht kinderarbeid aangenomen door de Eerste Kamer

Op 14 mei 2019 is het initiatiefwetsvoorstel Wet zorgplicht kinderarbeid door de Eerste Kamer aangenomen.

ICO to impose record-breaking fines for inadequate security measures and data breaches

Though the European data protection authorities have taken their time in enforcing the GDPR two announcements by the ICO in the UK regarding proposed fines for British Airways and Marriott demonstrate that large fines are about to start landing regularly.

UK investment firms will be temporarily exempt from the Dutch licensing requirement as of 30 March 2019

On 4 February, the Dutch Minister of Finance published an amendment to the Exemption Regulation under the Financial Supervision Act (Vrijstellingsregeling Wft). The amendment provides for a temporary exemption from the licencing requirement for investment

Stibbe advised Iret Development

Stibbe acted as counsel to Iret Develoment in its tendering procedure, development, and negotiations of the more than EUR 100 million public–private partnership (PPP) project, which is the new police headquarters building in Antwerp.

Belgian data protection authority fines hospital after data breach for taking insufficient data protection measures

In 2021, a Belgian hospital fell victim to a ransomware attack that disrupted critical operations and compromised the personal data of 300,000 people. As a result, the Belgian data protection authority imposed a fine of €200,000 three years later.

TenderNed en Klic-viewer: innoveren met overheidsinformatie kan een riskante onderneming zijn

Aanbieders van online-diensten en applicaties kunnen niet altijd rekenen op bescherming van hun marktpositie op basis van de staatssteun- en mededingingsregels. Dit blijkt uit een onlangs gewezen uitspraak van de hoogste Unierechter.

Begunstigingstermijn en dwangsommen bij overmacht door crises

Als de begunstigingstermijn die aan een last onder dwangsom is verbonden voor een overtreder niet haalbaar is, kan het bestuursorgaan de last opheffen, opschorten of verminderen.

Updated FAQ clarifies that listed companies do not have to register their UBO in Belgium

The Belgian AML Act does not provide an exemption for listed companies regarding the registration of their UBO. According to a recently updated government FAQ, however, listed companies do not have to register their UBO.

FAQ: What to do in case of administrative supervision?

Dutch supervisory bodies regularly use inspections to carry out administrative supervision.

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