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Financial regulatory law update 2019

Several changes to Dutch financial regulatory laws entered into force in January and February 2019. In this article we provide a short summary of these changes.

Stibbe advises KAS BANK

Stibbe advises KAS BANK on the recommended all-cash public offer by CACEIS for KAS BANK.

PSD2 implemented in the Netherlands

Yesterday, the PSD2 implementation act was promulgated in the Dutch Government Gazette (Staatsblad). The PSD2 implementation act enters into effect on 19 February 2019. The Act and Explanatory Memorandum (both in Dutch) can be found here.

UK investment firms will be temporarily exempt from the Dutch licensing requirement as of 30 March 2019

On 4 February, the Dutch Minister of Finance published an amendment to the Exemption Regulation under the Financial Supervision Act (Vrijstellingsregeling Wft). The amendment provides for a temporary exemption from the licencing requirement for investment

Britse beleggingsondernemingen worden na 30 maart 2019 tijdelijk vrijgesteld van de vergunningplicht in Nederland

De minister van Financiën heeft op 4 februari jl. een wijziging van de Vrijstellingsregeling Wft gepubliceerd. Ondernemingen die vanuit het Verenigd Koninkrijk in Nederland door middel van grensoverschrijdende dienstverrichting beleggingsdiensten verlenen

Stibbe advises the Walloon Transport Operator

Stibbe assisted the Walloon Transport Operator (OTW) with the creation of a brand new tramway network (11.7 km) including the construction of 21 stations and a new depot and the acquisition of trams in Liège, Wallonia.

Voortgang Wetsvoorstel omzetting aandelen aan toonder

Op 9 april 2018 is het wetsvoorstel Wet omzetting aandelen aan toonder bij de Tweede Kamer ingediend.

Langs (Vlaamse) autosnelwegen

Sedert 1958 gelden langs autosnelwegen bouwvrije stroken. De Vlaamse regering moderniseerde op 25 januari 2019 de regelgeving rond bouwvrije stroken voor wat het Vlaamse Gewest betreft.

Dutch Financial Regulators recommend a Dutch national licensing regime for crypto exchange platforms and crypto wallet providers

On 18 January 2019, the Dutch Central Bank (De Nederlandsche Bank, "DNB") and the Netherlands Authority for the Financial Markets (Stichting Autoriteit Financiële Markten, the "AFM") published their joint advice recommending a Dutch national licensing reg

Stibbe StartsUP welcomes Dyme

Fintech-startup Dyme is the latest company to join the Stibbe StartsUP  program. As a finalist of the Accenture Innovation Awards in 2018, Dyme will be able to benefit from legal expertise from Stibbe on a range of issues. 

Stibbe StartsUP verwelkomt Dyme

Fintech-startup Dyme wordt de nieuwe deelnemer van StartsUP, het startup programma van Stibbe. Door deelname aan dit unieke programma kan de finalist van de Accenture Innovation Awards 2018 gebruikmaken van de juridische expertise van het advocatenkantoor

Private financiering van het openbaar vervoer in Nederland

In 2018 organiseerde Stibbe in Amsterdam in samenwerking met onder andere de International Project Finance Association (IPFA) en Railforum diverse seminars over private financiering van het openbaar vervoer in Nederland.

Stibbe lanceert webtool over implementatie aandeelhoudersrechtenrichtlijn

Op 2 april 2019 heeft de Tweede Kamer het wetsvoorstel ter implementatie van de Herziene aandeelhoudersrechtenrichtlijn (EU) 2017/828 aangenomen.

Wetsvoorstel implementatie Herziene aandeelhoudersrechtenrichtlijn aangenomen door de Tweede Kamer

Op 2 april 2019 heeft de Tweede Kamer het wetsvoorstel ter implementatie van de Herziene aandeelhoudersrechtenrichtlijn (EU) 2017/828 aangenomen.

Stibbe advises Panda Green Energy

Stibbe assisted Panda Green Energy, formerly known as United Photovoltaics Group, with the Luxembourg aspects of the sale of six UK solar farms, with a combined capacity of about 82.5MW, to Greencoat Solar.

15 aspects of Brexit you did not know

A Brexit without a deal, or with a deal that does not cover all relevant aspects, is still a potential scenario. We have highlighted a number of unexpected legal consequences of Brexit in such a no deal or incomplete deal scenario.

Belgium's Energy & Climate Plan - What is the legislative framework for climate policy in Belgium?

Belgium adopts the first version of the National Energy & Climate Plan, which is a compilation of three individual climate plans from each of Belgium’s regions. It contains specific measures aiming to reduce CO2 emissions in Belgium.

Stibbe advises MRDH

Stibbe advised the metropolitan region of Rotterdam and The Hague (MRDH) on a loan of EUR 115 million to companies EBS (13.4 million) and RET (102 million) to buy buses for the concessions Voorne-Putten and Rozenburg and Bus Rotterdam.

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