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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.

The EU Omnibus

On 26 February, the European Commission presented the proposal for an omnibus regulation aimed at simplifying and streamlining European sustainability legislation.

De EU-Omnibus

De Europese Commissie heeft het voorstel voor een Omnibus-regeling, dat beoogt Europese duurzaamheidswetgeving te versimpelen en stroomlijnen, op 26 februari gepresenteerd.

Wetgevingsbrieven 2023 van de AFM en DNB

Ingrid van der Klooster bespreekt de wetgevingswensen van de toezichthouders AFM en DNB en de reactie daarop van de betreffende ministers. Die wensen betreffen dit jaar een aantal ingrijpende wijzigingen in financiële toezichtwetgeving. 

‘Holy trinity’ van duurzaamheidsinformatie: de CSRD, SFDR en Taxonomieverordening

Met het akkoord van Parijs en de Europese 'Green Deal' hebben (financiële) ondernemingen een grote rol gekregen in de transitie naar een duurzame samenleving. In deze podcast bespreken we de heilige drie-eenheid van de duurzaamheidsinformatie.

The Netherlands Implements EU Non-Performing Loan Directive

The Dutch Implementation Act on Credit Servicers and Credit Purchasers entered into force on 18 July 2025. It implements EU Directive 2021/2167 regulating NPL sale, purchase and servicing to create a transparent secondary market.

The third AFM report on SFDR compliance signals tightening enforcement and highlights a shift in supervision towards the quality of disclosures

A recent report of the AFM underlines its focus on monitoring SFDR compliance, signals tightening enforcement action against those lagging behind, and highlights a new phase of supervisory attention for clear, accurate and reliable SFDR disclosures.

On the Board room agenda: ESG & sustainability risks and opportunities throughout the supply chain

When handled properly, ESG and sustainability create opportunities for companies in the real estate sector to make their business model future proof
and to benefit the bottom line. ESG has thus become an important driver for business considerations.

Emeline Maricq

Junior Associate Luxembourg

Sandro Christiaens

Associate Brussels

Jeanne Adam

Junior Associate Brussels

Package of new anti-money laundering rules adopted by European Council

On 30 of May 2024 the Council of the European Union adopted the Anti-Money Laundering and Anti-Terrorism Financing Package (the AML Package). The AML Package will have consequences for market parties.

The Legal 500 Country Comparative Guide: Mergers & Acquisitions in the Netherlands

Heleen Kersten and Omar El Gachi contributed to the Legal 500 Country Comparative Guide: Mergers & Acquisitions The Netherlands.

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.

Marine Alonso

Senior Associate Luxembourg

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.

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