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Digital Law Up(to)date: EDPS opinion on the proposal for a directive on consumer credits

The European Data Protection Supervisor has handed down a positive opinion on the initiative of the European Commission to modernise Directive 2008/48 on credit agreements for consumers, taking into account the increasing digitalisation of this market.

Digital Law Up(to)date: Display of advertising messages in electronic inbox similar to real emails constitutes unsolicited communication

On 25 November 2021, the Court of Justice of the European Union ruled that the display in the electronic inbox of advertising messages in a form similar to real email constitutes an unsolicited communications.

Digital Law Up(to)date: (1) the download of a software with a permanent licence can constitute a “sale of goods”; (2) alert of the BEUC regarding the privacy policy of WhatsApp and its new terms of use

In this blog, we present two interesting matters in the field of digital law: (1) The supply of a copy of software together with a licence to use it can constitute a "sale of goods”; and (2) WhatsApp in turmoil for its privacy policy and terms of use.

Digital Law Up(to)date: Towards a new European legal framework for the digital financial sector

In this blog, we briefly present the evolution of the future new European legal framework for the digital financial sector.

European Commission adopts Delegated Regulations on oversight fees and critical ICT third-party service providers (DORA) and Delegated Regulations under MiCAR

On 22 February 2024, the European Commission adopted two Delegated Regulations under the Regulation on digital operational resilience for the financial sector and four Delegated Regulations under the Markets in Crypto-Assets Regulation.

Jibraeel Mussani

Junior Associate Amsterdam

Maarten Weekenborg

Associate Amsterdam

Stibbe StartsUP welcomes Level.Works and continues advising Skoon

After successfully advising EME, Dyme, Hardt Hyperloop and Skoon, Stibbe in Amsterdam is happy to announce that platform startup Level.Works is the latest participant to join the StartsUP programme. 

EBA Reports on Virtual IBANs

On 24 May 2024, the European Banking Authority (EBA) published a report on virtual IBAN (vIBANs) in which the EBA set outs characteristics and use cases of vIBANs and comments on identified risks associated with this development in the payments market.

Stibbe advises Nuvei Corporation

Stibbe advised Nuvei Corporation alongside existing Canadian shareholders Philip Fayer, Novacap and CDPQ on the proposed $6.3 billion acquisition by private equity firm Advent International.

Stibbe advises Nuvei Corporation

Stibbe is advising Nuvei Corporation on its strategic acquisition of Payaut B.V.

Stibbe advises Dyme

Stibbe has advised fintech company Dyme on obtaining a PSD2 licence for the provision of Account Information Services (AIS) from the Dutch Central Bank. Dyme is the first independent payment service for consumers in the Netherlands to receive this licence

Stibbe advises Fiserv

Stibbe advises Fiserv Inc., a leading NASDAQ-listed global provider of payments and financial technology solutions, in obtaining a declaration of no objection from the Dutch Central Bank, in relation to its acquisition of NYSE-listed First Data Corporatio

Stibbe launches UBO Webtool

In Luxembourg, companies and other legal entities have been required to register their UBO(s) since 31 August 2019. In Belgium, the UBO register is also already operational. The Dutch legislator did not meet the implementation deadline.

Update with respect to COVID-19 – Regulated Markets Disclosure & Reporting

The developments with respect to COVID-19 raise a number of challenges for issuers of securities listed on a regulated market relating to – among other things – disclosure of information and periodic financial reporting.

Stibbe advises ADNOC

Stibbe together with Shearman & Sterling advised the Abu Dhabi National Oil Company (ADNOC) on the acquisition of a 10% interest in VTTI BV, the owner and operator of storage terminals in 14 countries.

De insidermelding onder de Verordening Marktmisbruik met betrekking tot afgeleide en verbonden financiële instrumenten

Soeradj Ramsanjhal schreef samen Jeevan Sathie een artikel over de insidermelding bij beursvennootschappen. Deze meldplicht is niet altijd snel te doorgronden, met name als transacties betrekking hebben op afgeleide of verbonden financiële instrumenten.

Nouvelle loi sur l’abus de dependance economique, les clauses abusives et les pratiques du marche deloyales entre entreprises

Le législateur belge a réglementé, trois séries de nouvelles pratiques : une interdiction d’abus de dépendance économique; une interdiction de clauses abusives dans les relations B2B; une interdiction de pratiques du marché déloyales.

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