158 results Amendments to the Further Regulation on the Supervision of the Conduct of Financial Undertakings Wft On 14 December 2022, the Netherlands Authority for the Financial Markets, published amendments to the Further Regulation on the Supervision of the Conduct of Financial Undertakings under the Financial Supervision Act. Jibraeel Mussani Junior Associate Amsterdam Fintech Outlook 2023 In their financial regulatory outlook, Roderik Vrolijk and Maarten Weekenborg look ahead to 2023 and give an overview of the main legislative and financial regulatory developments they expect in the fintech sector. Reporting for non-EU AIFMs as of Q1 2023 Effective from Q1 2023, the Netherlands Authority for the Financial Markets (the “AFM”) indicated that it will require AIFMs who have notified AIFs for marketing under Article 36/Article 42 AIFMD to submit Periodic Reports. Commission publishes PSD3 and PSR Proposal; a tightening of the regulation of payment services providers in the EU On June 28, 2023, the European Commission published a set of new legislative proposals, including PSD3, aimed at ushering in the digital era for payments and the broader financial sector, with a particular focus on consumers. Financial Regulation – Q2 2023 Update Changes to Dutch financial regulations entered into force on or around 1 July, including notable amendments for holders of a qualifying holding in certain Dutch regulated financial institutions. We have listed the main changes in this publication. Stibbe Luxembourg lawyers co-author the second edition of the SFDR Implementation Guide Edouard d'Anterroches (Partner) and Nicolas Pradel (Senior Associate) co-authored the second edition of the Sustainable Finance Disclosure Regulation (SFDR) Implementation Guide published on 11 April 2023. Amber Meis Junior Associate Amsterdam Edouard Musch Senior Associate Luxembourg The Sustainable Finance Package 2023 In this blog, we discuss the Sustainable Finance Package published by the European Commission in June 2023. How the Rotterdam Court Ruling affects the registration regime for Crypto Services Providers in the Netherlands On 4/10/2023, the District Court of Rotterdam ruled that the Dutch registration regime for crypto services providers goes beyond the scope of the registration requirement set out in the Fifth Anti-Money Laundering and Anti-Terrorism Financing Directive. DNB’s Good Practice intra-group relations Intra-group relations, such as agreements and intragroup positions, between e-money and payment institutions and other entities within the same group can pose a threat to the solidity of the institution. Consultation on draft technical standards under MiCAR The MiCAR aims to create a broad EU regulatory framework for the issuance of, intermediating and dealing in, crypto assets. MiCAR entered into force in June 2023. Both ESMA and EBA published consultation papers including draft technical standards. ECB’s review of management bodies of EU banks Early 2023, the European Central Bank (ECB) conducted a review of management bodies in a sample of 20 banks across the European Union. Stibbe assists VIWF – FIEB Stibbe assisted the Belgian Association of Waters and Softdrinks (VIWF – FIEB), in particular Spadel, Nestlé Waters, Coca Cola Belgium, Roxane Nord and Danone, in a litigation case against Sodastream for misleading and comparative advertising. Stibbe assists foodstuff producer Stibbe assisted a foodstuff producer in the context of unlawful claims relating to baby food and in the context of water and environmental claims regarding the use of plastic bottles. Stibbe represents Geberit Stibbe represented Geberit, a leading producer of sanitary systems, in unfair competition law procedures, injunction procedures, preliminary procedures, and seizure procedures. Stibbe assists Makro We assisted Makro in investigations by administrative authorities and in court procedures regarding price indications, dual offers, product regulation as well as trade practices procedures involving promotions, games and competitions, and parallel trade. Pagination Current page 1 Page 2 Page 3 Page 4 Next page
Amendments to the Further Regulation on the Supervision of the Conduct of Financial Undertakings Wft On 14 December 2022, the Netherlands Authority for the Financial Markets, published amendments to the Further Regulation on the Supervision of the Conduct of Financial Undertakings under the Financial Supervision Act.
Fintech Outlook 2023 In their financial regulatory outlook, Roderik Vrolijk and Maarten Weekenborg look ahead to 2023 and give an overview of the main legislative and financial regulatory developments they expect in the fintech sector.
Reporting for non-EU AIFMs as of Q1 2023 Effective from Q1 2023, the Netherlands Authority for the Financial Markets (the “AFM”) indicated that it will require AIFMs who have notified AIFs for marketing under Article 36/Article 42 AIFMD to submit Periodic Reports.
Commission publishes PSD3 and PSR Proposal; a tightening of the regulation of payment services providers in the EU On June 28, 2023, the European Commission published a set of new legislative proposals, including PSD3, aimed at ushering in the digital era for payments and the broader financial sector, with a particular focus on consumers.
Financial Regulation – Q2 2023 Update Changes to Dutch financial regulations entered into force on or around 1 July, including notable amendments for holders of a qualifying holding in certain Dutch regulated financial institutions. We have listed the main changes in this publication.
Stibbe Luxembourg lawyers co-author the second edition of the SFDR Implementation Guide Edouard d'Anterroches (Partner) and Nicolas Pradel (Senior Associate) co-authored the second edition of the Sustainable Finance Disclosure Regulation (SFDR) Implementation Guide published on 11 April 2023.
The Sustainable Finance Package 2023 In this blog, we discuss the Sustainable Finance Package published by the European Commission in June 2023.
How the Rotterdam Court Ruling affects the registration regime for Crypto Services Providers in the Netherlands On 4/10/2023, the District Court of Rotterdam ruled that the Dutch registration regime for crypto services providers goes beyond the scope of the registration requirement set out in the Fifth Anti-Money Laundering and Anti-Terrorism Financing Directive.
DNB’s Good Practice intra-group relations Intra-group relations, such as agreements and intragroup positions, between e-money and payment institutions and other entities within the same group can pose a threat to the solidity of the institution.
Consultation on draft technical standards under MiCAR The MiCAR aims to create a broad EU regulatory framework for the issuance of, intermediating and dealing in, crypto assets. MiCAR entered into force in June 2023. Both ESMA and EBA published consultation papers including draft technical standards.
ECB’s review of management bodies of EU banks Early 2023, the European Central Bank (ECB) conducted a review of management bodies in a sample of 20 banks across the European Union.
Stibbe assists VIWF – FIEB Stibbe assisted the Belgian Association of Waters and Softdrinks (VIWF – FIEB), in particular Spadel, Nestlé Waters, Coca Cola Belgium, Roxane Nord and Danone, in a litigation case against Sodastream for misleading and comparative advertising.
Stibbe assists foodstuff producer Stibbe assisted a foodstuff producer in the context of unlawful claims relating to baby food and in the context of water and environmental claims regarding the use of plastic bottles.
Stibbe represents Geberit Stibbe represented Geberit, a leading producer of sanitary systems, in unfair competition law procedures, injunction procedures, preliminary procedures, and seizure procedures.
Stibbe assists Makro We assisted Makro in investigations by administrative authorities and in court procedures regarding price indications, dual offers, product regulation as well as trade practices procedures involving promotions, games and competitions, and parallel trade.