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(R)evolution of the securitisation framework

On 8 March 2022, the law of 25 February 2022 amending the law of 22 March 2004 on securitisation entered into force. This is a welcomed (r)evolution in the securitisation operations in the Grand Duchy of Luxembourg.

Stibbe advises The Hague, Staedion and Heijmans

Stibbe advises the Municipality of The Hague, Housing Association Staedion, and Heijmans on a major inner city restructuring in The Hague area, consisting of the (re)development of 5,500 houses, commercial real estate and public areas.

E-book: 'Equal pay for women and men: the most important legislative initiatives at European and national level'

Although the right to equal pay of women and men has long been included in anti-discrimination law, there is still a difference in pay between women and men. That is why this subject is high on the agenda of the legislator.

Private Equity in the Netherlands: Tax Update 2022

In today’s rapidly changing tax environment, it is important to be aware of all relevant tax developments. In the past months, several new tax rules have been implemented or announced.

De (beperkte) mogelijkheden voor strengere vergunningvoorschriften dan de algemene eisen in het Activiteitenbesluit en het toekomstige Besluit activiteiten leefomgeving

Voor inrichtingen waarvoor op grond van de Wabo een omgevingsvergunning milieu is vereist, gelden naast de vergunningvoorschriften ook algemene regels op grond van het Activiteitenbesluit.

Luxembourg real estate levy: Compliance obligations for Luxembourg investment vehicles

As from 1 January 2021, a 20% real estate levy applies to real estate income derived by certain Luxembourg tax opaque investment vehicles owning directly, or indirectly through tax transparent entities, real estate assets located in Luxembourg.

Sustainability solutions sussed out soon

More antitrust clarity has arrived for companies involved in sustainability collaborations. The EC published draft revised rules on horizontal cooperation agreements and the ACM informally approved two green initiatives in the energy sector.

New CSSF Circular 22/795 on marketing communications for cross-border distribution of funds

The CSSF published on 31 January 2022 the Circular 22/795 regarding the application of the ESMA Guidelines on marketing communications for Luxembourg investment funds (AIFs, UCITS).

Employers beware: final warning for “job cartels”

Only months after suspending an investigation into a possible wage-fixing cartel, the Dutch Authority for Consumers and Markets (ACM) has warned employers, employers’ organisations, and trade associations to not engage in no-poach agreements. 

Pfizer may be off the hook, but ACM pharma supervision continues

Pharma companies beware: discount schemes by former patent owners raise red flags at competition authorities.

Duality on dual distribution resolved?

Nothing is more fickle than information exchange: it changes colour under EU competition rules depending on the nature of the relationship between the exchanging companies.

Netherlands Chapter in The Tax Disputes and Litigation Review, edition 10

Reinout de Boer, Michael Molenaars, Rogier van der Struijk, Mieke Lavreysen and Tirza Cramwinckel contributed to the Tax Disputes and Litigation review in a chapter about the Netherlands.

Getting the Deal Through – Cartel Regulation 2022

Roos Elemans, Stijn de Jong and Kaj Privé contributed to Getting the Deal Through – Cartel Regulation 2022. In their publication, they discuss important issues that apply to cartel regulation in the Netherlands.

Naar een besluit-effectenrapportage als evenredigheidsbarometer

Terwijl ons land in lockdown verkeerde, lijkt het bestuursrecht te zijn ontketend. Dit als antwoord op de roep uit de maatschappij om meer tegenwicht door de rechter.

Stibbe advises Patrizia 

Stibbe advised Patrizia on behalf of its pan-European residential fund “Living Cities” on the acquisition from Besix RED of Evenepoel Properties SA who owns the Viridis project. Besix RED will ensure the turnkey development until completion.

Stibbe advises Insight Venture Partners

Stibbe advises Insight Venture Partners and its portfolio company Zone & Co on the acquisition of a 100% equity stake in Fast Four.

Circular economy and current and future Dutch administrative law

On Wednesday 19 January, a webinar took place concerning current affairs in the circular economy and administrative law. The webinar was held by the VMR Jong working group of the Environmental Law Association (Vereniging voor milieurecht Jong).

Netherlands considers an exit levy proposal in response to corporate relocations

Charlotte Tolman and Michael Molenaars review Dutch efforts to enact a dividend withholding tax exit levy on corporations relocating from the Netherlands and examine how the most recent amendments affect the exit levy proposal.

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