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Netflix in own privacy cliffhanger: EUR 4.75 million fine from Dutch GDPR Watchdog

Netflix, the global streaming giant, has been fined €4.75 million by the Dutch Data Protection Authority (Autoriteit Persoonsgegevens, or AP) for failing to provide customers with adequate information about how their personal data was being processed.

Jan-Jaap Koningsveld

Counsel Amsterdam

Jibraeel Mussani

Junior Associate Amsterdam

Maarten Weekenborg

Associate Amsterdam

Stibbe advised Impact Expansion on its investment in the tech leader Wooclap

Stibbe advised Impact Expansion, a Belgian investment fund pioneering in impact investing, on its EUR 25 million investment in the Belgian software publisher Wooclap, a leader in educational engagement and active learning platforms.

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

Virtual Currency Regulation Law Review - Belgian chapter

The 2nd edition of the Virtual Currency Regulation Law Review offers a business-focused analysis of recent legal and regulatory changes, their effects, and insights into upcoming trends in virtual currencies, with a focus on developments in each country.

TMT seminar series 2025

Our Brussels TMT team is organising five new seminars that delve into cutting-edge topics within the area of technology law, offering valuable and practical insights for your organisation.

Stibbe advises IBM

Stibbe advises IBM on several senior executive termination cases.

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.

New deal for online deals - EU consumer protection adapted to the digital era

As part of the New Deal for Consumers, aimed to strengthen EU consumer protection in light of the digital era, a new Directive 2019/2161 of 27 November 2019 has been adopted.

TenderNed en Klic-viewer: innoveren met overheidsinformatie kan een riskante onderneming zijn

Aanbieders van online-diensten en applicaties kunnen niet altijd rekenen op bescherming van hun marktpositie op basis van de staatssteun- en mededingingsregels. Dit blijkt uit een onlangs gewezen uitspraak van de hoogste Unierechter.

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.

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