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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.

Jan-Jaap Koningsveld strengthens TMT/IP practice Stibbe Amsterdam

Stibbe Amsterdam is pleased to announce the expansion of its TMT/IP practice with the appointment of Jan-Jaap Koningsveld as counsel.

A digital counterpart to cash? DNB’s findings

Central banks, the IMF and various other organisations have been conducting research for several years with respect to a safer way to deposit money than exclusively with commercial banks, and the role of central banks in this respect.

Purely commercial interest also a legitimate interest? Council of State leaves the question unanswered.

On 27 July 2022, the Council of State confirmed that the Dutch Data Protection Authority wrongly imposed a €575,000 fine on VoetbalTV.

Stibbe advises Keurig Dr Pepper

Stibbe advises Keurig Dr Pepper, a leading beverage company in North America, on its contemplated public offer of €15.7 billion for JDE Peet’s N.V., the world’s leading pure-play coffee and tea company.

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.

Dutch fintech Action Plan - stimulating growth in the Dutch fintech sector

On 3 July 2020, the Dutch Minister of Finance and the Secretary of State for Economic Affairs published an action plan to support the Dutch Fintech sector. 

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").

EU’s GPAI Code of Practice: the world’s first guidance for General Purpose AI model compliance

The European Commission has published the Code of Practice, the worlds first stakeholder guidance on transparency, safety and security, and copyright considerations for general purpose AI-models (GPAI), which helps AI developers to comply with the AI Act.

Stibbe advises leading Belgian telecom operator

Stibbe assisted a leading Belgian telecom operator in negotiations with a major European telecom operator on the offering of triple play (internet access, telephony and television) services on the Belgian market.

Data Privacy Day 2023: highlighting the most impactful ECJ judgments from the past year

In recent years, the ECJ has issued landmark judgments with far-yielding consequences for data controllers and data processors. To celebrate Data Privacy Day 2023, we highlighted the most impactful judgments of the ECJ from the past year.

Online platforms and uploading of protected works: a priori no liability for operators of online platforms

In a judgment dated 22 June 2021, the CJEU clarifies the liability framework of online platform operators when content protected by copyright is uploaded by platform users.

Stibbe advises Yandex

Stibbe advises Vodafone

Stibbe advises Vodafone Netherlands with the filing of a lawsuit with the Court of Rotterdam against the ACM in respect of its approval of KPN’s takeover of FTTH operator Reggefiber.

Stibbe advises Q-Park

Stibbe advises Q-Park on the irrevocable and unconditional offer from KKR Infrastructure to acquire 100% of the outstanding share capital of Q-Park for an enterprise value of  €2.95 billion.

Stibbe advises on the IPO of Yandex

Law and AI (part 2): towards a European framework in line with the ethical values of the EU?

On 20 October 2020, the European Parliamentary Assembly adopted, on the basis of three reports, three resolutions on AI from three different perspectives. In this blog, we discuss the report and the resolution on AI and a framework of ethical aspects.

Legal sponsorship of Wildlife Justice Commission

We take great pride in our longstanding partnership with the Wildlife Justice Commission, serving as one of their legal sponsors.

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