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Stibbe advises KAS BANK

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

Dutch chapter to Chambers Global Practice Guides Corporate Tax 2019

Stibbe contributes Dutch chapter to Chambers Global Practice Guides Corporate Tax 2019. This chapter was written by Michael Molenaars, Jeroen Smits, Reinout de Boer and Rogier van der Struijk. Besides providing you with an outline of Dutch corporate incom

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.

Brexit and data protection: preparing for a 'no-deal'

As it stands, the UK will exit the European Union at midnight on 29 March 2019. Therefore, businesses within the UK, or with trade relations with the UK, would be best advised to assume that a no-deal Brexit is inevitable. 

Commercial interest on overdue interest payments on a loan – uncertainty remains

If a person buys a car from a car dealer and fails to pay the purchase price on the agreed date, that person has to pay not only the purchase price but also statutory interest (Clause 6:119 DCC), unless otherwise agreed.

The ACM follows EU approach in its first pharmaceutical merger

The Dutch Authority for Consumers and Markets (ACM) recently reviewed its first merger between two pharmaceutical companies.

Digitisation and competition law: past, present and future

It is nearly time for the European Commission to reveal its course of action in digitisation and competition law.

The need for speed in mergers is no reason to ignore rights of defence

On 16 January 2019, the European Court of Justice clarified the procedural guarantees the European Commission needs to provide to merging parties during merger reviews.

Transitional rules announced for certain Dutch tax acts in case of no deal Brexit

On 4 February 2019, the Dutch State Secretary of Finance sent a letter to the Dutch Parliament announcing transitional rules for Dutch taxes (other than customs legislation) if there will not be a Brexit withdrawal agreement (i.e. a no deal Brexit). The l

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

Aaldert ten Veen joins the Dutch Council of State

Aaldert ten Veen, partner and former board member of Stibbe, was today nominated by the Dutch government to be appointed to the Administrative Law Division of the Council of State. This appointment will take effect on 1 March 2019.

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. 

Wouter den Hollander wins award for finest administrative law publication in 2018

On Friday 19 January 2019, Wouter den Hollander received the award for finest administrative law publication in 2018.

Steven Hijink joins Dutch Accounting Standards Board

Steven Hijink has been appointed as one of ten members of the Dutch Accounting Standards Board (DASB), the executive body of the Dutch Council for Annual Reporting.

Special regulation on franchise agreements proposed: more protection for franchisees

On 12 December, a draft legislative proposal ("proposal") was published containing a special regulation on franchise agreements. Until now, there have been no special regulations regarding franchise agreements.

Stibbe advises Eurus Energy Europe

Stibbe advised Eurus Energy Europe (Eurus), a leading Japanese renewable energy company, in respect of the onshore Windpark Deil.

Loyalty rebate scheme 'saved' by pharma company's market misconceptions

The UK Competition and Markets Authority (CMA) recently closed its investigation into a discount scheme by dominant pharma company Merck Sharp & Dohme (MSD) aimed at preventing the National Health Service (NHS) from switching to competing biosimilars.

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