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Financial Services Regulation

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Consultatievoorstel voor Wijzigingswet toezicht financiële markten 2024

Ingrid van der Klooster bespreekt de hoofdlijnen van de voorgestelde wijzigingen in het consultatievoorstel dat op 29 april 2022 gepubliceerd is.

Amendments to the Further Regulation on the Supervision of the Conduct of Financial Undertakings Wft

On 14 December 2022, the Netherlands Authority for the Financial Markets, published amendments to the Further Regulation on the Supervision of the Conduct of Financial Undertakings under the Financial Supervision Act.

Jeannette Vaude-Perrin

Of Counsel Luxembourg

Digital operational resilience as key priority for financial institutions

Financial institutions and third party ICT providers will have to strengthen their IT security organisations, as the European Digital Operational Resilience Act is expected to be fully applicable in early 2025 after a two-year implementation period.

DNB to start integrity investigations at payment and e-money institutions

On 25 August 2022, the Dutch Central Bank (De Nederlandsche Bank, "DNB") announced that it will start investigations at payment and e-money institutions that have (substantially) grown during the past few years.

Dutch Supreme Court decides against the pledgeability of non-transferable claims

Lawyers occasionally wonder how the law ended up as it is. We had that experience after the Dutch Supreme Court’s decision of 1 July 2022 (Rabobank/Ten Berge q.q.; ECLI:NL:HR:2022:984), regarding the possibility or impossibility of pledging a claim.

Stibbe advises group of investors led by Joh. A. Benckiser

Stibbe advised a group of investors led by Joh. A. Benckiser on its bid for all outstanding shares of D.E MASTER BLENDERS 1753 N.V.

Stibbe advises Aegon on the launch of the first General Pension Fund in the Netherlands

Stibbe has made a significant contribution to the establishment of the first General Pension Fund in the Netherlands. Aegon is the first company to receive approval from the Dutch Central Bank to launch a General Pension Fund in the Netherlands.

Stibbe advises KPS Capital Partners on the acquisition of Taylor Made Golf Company, Inc.

Stibbe advised KPS Capital Partners, LP on the USD 425 million acquisition of Taylor Made Golf Company, Inc. from adidas AG.

Stibbe advises the NVB

Stibbe advises the NVB (the Dutch Banking Association) following a “dawn raid” carried out by the European Commission at the premises of the Dutch Banking Association in October 2017.

Stibbe advises Proximus

Stibbe advised Proximus, a listed company and longstanding client, on a broad variety of matters, including innovative partnerships, regulatory compliance, M&A and finance projects, and dispute resolution.
 

Wet toezicht trustkantoren 2018 in werking getreden

Op 1 januari 2019 zijn de Wet toezicht trustkantoren 2018 en het bijbehorende Besluit in werking getreden. De normen waaraan trustkantoren moeten voldoen worden aangescherpt en toezichthouder DNB krijgt meer bevoegdheden om handhavend op te treden.

Stibbe advises ABN AMRO

Stibbe advises ABN AMRO on the sale of a majority stake in Stater to Infosys. 

The Dutch UBO register will be introduced in January 2020

On 4 April 2019, a legislative proposal to implement the Dutch Ultimate Beneficial Owner (''UBO'') register (''UBO register'') was submitted to the Dutch parliament.

Voorontwerp Wet uitbreiding meldplichten aandeelhouders

Recente ontwikkelingen op het gebied van corporate governance, waaronder de inwerkingtreding van de Herziene Aandeelhoudersrechtenrichtlijn, onderstrepen het belang van langetermijnwaardecreatie.

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