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Listing Act: reversing MiFID II's unbundling regime – is it enough?

The Listing Act rolls back the unbundling requirements introduced by MiFID II by once again permitting joint payments for investment research and execution services. In this article, we address the background and practical implications of this amendment.

EU Listing Act enters into force 4 December 2024

The EU Listing Act, which includes updates to the Prospectus Regulation, Market Abuse Regulation, Markets in Financial Instruments Regulation, and to the Markets in Financial Instruments Directive, has been published on 14 November 2024.

Stibbe advises Infranity

Stibbe advises Infranity on its investment in Energy Solutions Group (ESG).

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.

The new EU securitisation landscape

The EU is proposing major reforms to its securitisation framework that will reshape how financial institutions approach the market, including an overhaul of the EU Securitisation Regulation and permanent relief for SFTs under banking rules.

Say cheese! Are your distribution agreements picture-perfect?

Suppliers and distributors should double-check their agreements. The European Court of Justice has provided guidance for the assessment of exclusive distribution agreements.

Abuse: an access request you can’t refuse?

The European Court of Justice has confirmed that the essential facilities test is limited to ‘pure’ access cases. Infringement of a regulatory access obligation must be assessed under the general framework for abuse of dominance.

Nathan van Rooijen

Associate Amsterdam

Carl Wettinck

Senior Associate Brussels

Een herziening van de Kaderrichtlijn Water (deel XI)

De KRW staat voor belangrijke veranderingen. Naast het 8ste omnibusvoorstel van de Europese Commissie is er een politiek akkoord over herziening bereikt. Dit akkoord biedt nieuwe uitzonderingen op het achteruitgangsverbod en voegt prioritaire stoffen toe.

Mathilde Baker

Associate Amsterdam

Bettine Wils

Associate Amsterdam

Transition finance in the debt and investments markets

This blog explores the key elements of the Guide and its practical implications for loan documentation and structuring, as well as the outlook for transition finance investment products.

Haïthem Akile

Associate (not admitted to the bar) Amsterdam

First application of Towercast in Belgium and merger filing exemption for certain hospital merger

The Belgian Competition Authority has applied the Towercast case law in a first case in Belgium. It could possibly try do so again for certain hospital mergers that the legislator has recently exempted from merger filing in Belgium.

On repeat but louder: the ACM’s 2024 priorities

On 23 January 2024, the ACM announced its priorities for 2024. The energy transition, the digital economy and sustainability are still on the ACM’s priority list, but now with better-equipped enforcement methods available.

Greenwashing in the EU financial markets: sustainable finance status update

The European financial markets feature numerous financial products with characteristics such as ‘green’, ‘ESG’, ‘sustainable’, ‘climate’, ‘transition’, ‘impact’ or similar. But when is it fair to name or label financial products as such?

Jeroen Kortmann

Partner Amsterdam

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