28 results 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. Stibbe advises InPost Stibbe acts as lead counsel to InPost on its IPO and listing on Euronext Amsterdam. How certain elements of the Dutch scheme may (or may not) affect ISDA Master Agreements On 1 January 2021, the legislative framework for court-approved restructurings of debts outside formal insolvency proceedings (hereafter referred to as the ‘Dutch scheme’, or simply, the ‘scheme’) entered into force. Digital Law Up(to)date: Belgian DPA fines NGO and researcher for GDPR violations regarding the political profiling of tweets The Belgian DPA fined an NGO and a researcher both active in the fight against disinformation for violating GDPR provisions. The third AFM report on SFDR compliance signals tightening enforcement and highlights a shift in supervision towards the quality of disclosures A recent report of the AFM underlines its focus on monitoring SFDR compliance, signals tightening enforcement action against those lagging behind, and highlights a new phase of supervisory attention for clear, accurate and reliable SFDR disclosures. Niek Groenendijk Senior Associate Amsterdam Marieke Driessen Partner Amsterdam Perpetual securities not considered equity for Dutch corporate income tax purposes In a decision of Friday 15 May 2020, the Dutch Supreme Court confirmed that fixed-to-floating rate perpetual equity securities (“perpetual securities”) should not be considered a “participation loan” (deelnemerschapslening) for Dutch tax purposes. Under D Commission adopts banking package in response to COVID-19 pandemic The European Commission adopts a banking package to bolster lending amid COVID-19, urging banks to utilize EU frameworks fully. It includes Interpretative Communication and "quick fix" amendments to banking rules. Cross-border corporate lending into the Netherlands Cross-border corporate lending is set for change as CRD VI introduces new licensing obligations, requiring non-EU lenders to reassess their activities in the Netherlands and the EU for all in scope contracts signed on or after 11 July 2026. Minke Reijneveld Junior Associate Amsterdam Compensation after infringement of the General Data Protection Regulation: European developments The General Data Protection Regulation (GDPR) is one of the most significant development in the European data strategy in the past years and is continuously evolving. Stibbe advises Tata Communications on the acquisition of Teleena Stibbe advises Tata Communications, a leading global digital infrastructure provider, on the acquisition of Teleena, a Netherlands-based Internet of Things (IoT) connectivity specialist and mobile virtual network enabler (MVNE). Stibbe boosts service offering in Luxembourg with new partners and counsel for asset management/funds and corporate & finance Stibbe reinforces its corporate & finance and asset management/funds practices in Luxembourg with the hire of Bernard Beerens, Audrey Jarreton, Edouard d’Anterroches, Victorien Hémery, and Dayana Bert. Marieke Driessen new partner at Stibbe Stibbe in Amsterdam is proud to welcome Marieke Driessen as a partner in its Financial Markets Group. With Marieke’s arrival, Stibbe’s Financial Markets practice in Amsterdam will grow to six partners as of January 1, 2021. Webinar: Next generation of international data transfers On 28 January 2021, our TMT lawyers Erik Valgaeren, Carolien Michielsen and Jan Joos host a webinar on the latest developments regarding international transfers of personal data. The webinar is organised by IBJ/IJE. Conference: Erik Valgaeren speaks on Algorithmic Criminal Justice at Computers, Privacy and Data Protection Conference Erik Valgaeren, TMT partner at Stibbe in Brussels, speaks about Algorithmic Criminal Justice at the 14th edition of the annual Computers, Privacy and Data Protection Conference taking place from 27-29 January 2021 in Brussels. Stibbe Debt Finance seminar Stibbe will host its annual Debt Finance seminar in Amsterdam on Thursday 6 February. The seminar will feature our lawyers discussing the most vital legal developments and the impact on national and international financing practice. Pagination Current page 1 Page 2 Next page
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.
Stibbe advises InPost Stibbe acts as lead counsel to InPost on its IPO and listing on Euronext Amsterdam.
How certain elements of the Dutch scheme may (or may not) affect ISDA Master Agreements On 1 January 2021, the legislative framework for court-approved restructurings of debts outside formal insolvency proceedings (hereafter referred to as the ‘Dutch scheme’, or simply, the ‘scheme’) entered into force.
Digital Law Up(to)date: Belgian DPA fines NGO and researcher for GDPR violations regarding the political profiling of tweets The Belgian DPA fined an NGO and a researcher both active in the fight against disinformation for violating GDPR provisions.
The third AFM report on SFDR compliance signals tightening enforcement and highlights a shift in supervision towards the quality of disclosures A recent report of the AFM underlines its focus on monitoring SFDR compliance, signals tightening enforcement action against those lagging behind, and highlights a new phase of supervisory attention for clear, accurate and reliable SFDR disclosures.
Perpetual securities not considered equity for Dutch corporate income tax purposes In a decision of Friday 15 May 2020, the Dutch Supreme Court confirmed that fixed-to-floating rate perpetual equity securities (“perpetual securities”) should not be considered a “participation loan” (deelnemerschapslening) for Dutch tax purposes. Under D
Commission adopts banking package in response to COVID-19 pandemic The European Commission adopts a banking package to bolster lending amid COVID-19, urging banks to utilize EU frameworks fully. It includes Interpretative Communication and "quick fix" amendments to banking rules.
Cross-border corporate lending into the Netherlands Cross-border corporate lending is set for change as CRD VI introduces new licensing obligations, requiring non-EU lenders to reassess their activities in the Netherlands and the EU for all in scope contracts signed on or after 11 July 2026.
Compensation after infringement of the General Data Protection Regulation: European developments The General Data Protection Regulation (GDPR) is one of the most significant development in the European data strategy in the past years and is continuously evolving.
Stibbe advises Tata Communications on the acquisition of Teleena Stibbe advises Tata Communications, a leading global digital infrastructure provider, on the acquisition of Teleena, a Netherlands-based Internet of Things (IoT) connectivity specialist and mobile virtual network enabler (MVNE).
Stibbe boosts service offering in Luxembourg with new partners and counsel for asset management/funds and corporate & finance Stibbe reinforces its corporate & finance and asset management/funds practices in Luxembourg with the hire of Bernard Beerens, Audrey Jarreton, Edouard d’Anterroches, Victorien Hémery, and Dayana Bert.
Marieke Driessen new partner at Stibbe Stibbe in Amsterdam is proud to welcome Marieke Driessen as a partner in its Financial Markets Group. With Marieke’s arrival, Stibbe’s Financial Markets practice in Amsterdam will grow to six partners as of January 1, 2021.
Webinar: Next generation of international data transfers On 28 January 2021, our TMT lawyers Erik Valgaeren, Carolien Michielsen and Jan Joos host a webinar on the latest developments regarding international transfers of personal data. The webinar is organised by IBJ/IJE.
Conference: Erik Valgaeren speaks on Algorithmic Criminal Justice at Computers, Privacy and Data Protection Conference Erik Valgaeren, TMT partner at Stibbe in Brussels, speaks about Algorithmic Criminal Justice at the 14th edition of the annual Computers, Privacy and Data Protection Conference taking place from 27-29 January 2021 in Brussels.
Stibbe Debt Finance seminar Stibbe will host its annual Debt Finance seminar in Amsterdam on Thursday 6 February. The seminar will feature our lawyers discussing the most vital legal developments and the impact on national and international financing practice.