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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

Britse beleggingsondernemingen worden na 30 maart 2019 tijdelijk vrijgesteld van de vergunningplicht in Nederland

De minister van Financiën heeft op 4 februari jl. een wijziging van de Vrijstellingsregeling Wft gepubliceerd. Ondernemingen die vanuit het Verenigd Koninkrijk in Nederland door middel van grensoverschrijdende dienstverrichting beleggingsdiensten verlenen

Stibbe advises the Walloon Transport Operator

Stibbe assisted the Walloon Transport Operator (OTW) with the creation of a brand new tramway network (11.7 km) including the construction of 21 stations and a new depot and the acquisition of trams in Liège, Wallonia.

Wet toezicht trustkantoren 2018 in werking getreden

Op 1 januari 2019 zijn de Wet toezicht trustkantoren 2018 en het bijbehorende Besluit in werking getreden. De normen waaraan trustkantoren moeten voldoen worden aangescherpt en toezichthouder DNB krijgt meer bevoegdheden om handhavend op te treden.

Dutch Financial Regulators recommend a Dutch national licensing regime for crypto exchange platforms and crypto wallet providers

On 18 January 2019, the Dutch Central Bank (De Nederlandsche Bank, "DNB") and the Netherlands Authority for the Financial Markets (Stichting Autoriteit Financiële Markten, the "AFM") published their joint advice recommending a Dutch national licensing reg

Stibbe StartsUP welcomes Dyme

Fintech-startup Dyme is the latest company to join the Stibbe StartsUP  program. As a finalist of the Accenture Innovation Awards in 2018, Dyme will be able to benefit from legal expertise from Stibbe on a range of issues. 

Stibbe StartsUP verwelkomt Dyme

Fintech-startup Dyme wordt de nieuwe deelnemer van StartsUP, het startup programma van Stibbe. Door deelname aan dit unieke programma kan de finalist van de Accenture Innovation Awards 2018 gebruikmaken van de juridische expertise van het advocatenkantoor

Private financiering van het openbaar vervoer in Nederland

In 2018 organiseerde Stibbe in Amsterdam in samenwerking met onder andere de International Project Finance Association (IPFA) en Railforum diverse seminars over private financiering van het openbaar vervoer in Nederland.

Juge des cessations incompétent en cas de contournement des instances de recours spécifiques dans une législation particulière

Dans son arrêt du 17 octobre 2018, la Cour d’appel de Bruxelles a fixé une limite importante à la possibilité débridée d’introduire des actions en cessation.

Coups de fil mécontents = dénigrement ?

L’affaire concerne le litige entre G. et son (ancien) sous-traitant, qui a éclaté lorsque G. a mis fin au contrat pour des travaux déterminés. Le sous-traitant question aurait effectivement mis fin aux travaux.

Loyalty rebate scheme 'saved' by pharma company's market misconceptions

The UK Competition and Markets Authority (CMA) recently closed its investigation into a discount scheme by dominant pharma company Merck Sharp & Dohme (MSD) aimed at preventing the National Health Service (NHS) from switching to competing biosimilars.

Don't take the ACM's digital inspection guidelines too literally

The Dutch Authority for Consumers and Markets' (ACM) digital inspection guidelines should be on every company's reading list. However, they should not be taken too literally; at least according to the recent ruling from the Court of Appeal in The Hague.

Fine liability in antitrust cases is closely scrutinised by Dutch courts

A parent company can be held liable for a subsidiary's anti-competitive conduct if the parent has exercised decisive influence over the subsidiary, because the two are then considered a single undertaking.

Tick-tock: no reset of the appeal clock for amending Commission decision

The European Court of Justice recently upheld the General Court's order finding that metal production and recycling company Eco-Bat had submitted its appeal outside of the appeal term.

European Court of Justice sets aside Portuguese rules time-barring a damages action

The European Court of Justice recently confirmed that if the EU Damages Directive does not apply, it is up to national rules to enable claimants to effectively claim EU antitrust damages.

Stibbe advises ABN AMRO

Stibbe advises ABN AMRO on the sale of a majority stake in Stater to Infosys. 

Stibbe advises citizenM and its existing shareholders KRC and APG

Stibbe advises citizenM hotels and its existing shareholders KRC and APG on an agreement whereby GIC, Singapore’s sovereign wealth fund, will acquire a 25% stake in citizenM valuing the company at €2 billion.

European Parliament votes in favour of representative actions for consumers

On 26 March 2019 the European Parliament approved an amended version of the European Commission's proposal for a Directive on representative actions for the protection of collective interests of consumers, following a debate on 25 March 2019.

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