Hall Of Fame

Rising Stars

Firms To Watch: Banking and finance: Financial services regulatory

Boutique FG Lawyers advises on various financial regulatory matters relating to crypto service providers, fintech companies, payment service providers, insurance, and investment firms.
Led by Danielle Martens-Schutten and Nellemarie Moerland, the team at Finway handles financial regulatory matters for insurers, crowdfunding platforms, and asset managers, among other financial institutions.

Banking and finance: Financial services regulatory in Netherlands

De Brauw Blackstone Westbroek

The financial markets regulations team at De Brauw Blackstone Westbroek is a go-to for major Dutch banks and insurance companies for guidance on regulatory matters. The team regularly advises on prudential supervision of financial institutions, licensing and market access, resolution planning, and the requirements of bank M&As, among other financial regulatory matters. Mariken Van Loopik is at the forefront of the team, having handled many high-profile matters that include regulatory capital transactions, bank board reviews, and licensing requirements. Eva Schram specialises in regulatory matters in the Dutch and EU financial markets. Other key members of the team include Mariska Enzerink and Else Rowel.

Practice head(s):

Mariken van Loopik

Other key lawyers:

Else Rowel; Eva Schram; Mariska Enzerink


‘Excellent team, efficient sourcing, great availability, thorough knowledge of the financial industry and clients’ needs.’

‘Mariken van Loopik is knowledgeable and solution oriented, and her advice goes beyond the legal aspects. Her service level is extremely high. She is always available and a wonderful person. Mariken is the go-to partner for GCs and CEOs working in the financial industry.’

‘The team is very knowledgeable, with excellent drafting skills and experienced staff. On top of this, they work fast and deliver according to deadlines and promises.’

‘Mariken van Loopik and Else Rowel are all very professional lawyers – they are discreet, knowledgeable, and courageous enough to provide countervailing power or dissenting opinions and point out vulnerabilities the client may not want to hear or is unaware of.’

Key clients

Coöperatieve Rabobank U.A.


ING Group N.V./ING Bank N.V.

LeasePlan N.V.

Aegon N.V.

Work highlights

  • Advised AEGON on the combination of its Dutch operations with a.s.r. and on the envisaged redomiciliation of the seat of its listed top holding company to Bermuda and the transfer of group supervision to the Bermuda Monetary Authority.
  • Acted as lead counsel to LeasePlan Corporation on the combination with ALD.


Finnius is ‘a strong boutique firm with a very deep knowledge of financial law’. The firm specialises in financial regulatory matters and has been at the forefront of large licence applications and transactions between the Dutch and European markets. The team regularly advises some of the most prominent banks, investment funds, and fintech companies on the market. Rosemarijn Labeur is well versed in ESG regulations and financial regulatory law within the Netherlands; she is recommended for matters relating to investment funds and often acts for Dutch and international asset managers. Bart Bierman frequently advises on EU regulatory frameworks, while Casper Riekerk focuses on matters concerning market access and payment services. Other key members of the team include Guido Roth and Tim de Wit.

Practice head(s):

Bart Bierman; Casper Riekerk; Rosemarijn Labeur; Guido Roth

Other key lawyers:

Tim de Wit


‘Finnius is a strong boutique firm with a very deep knowledge of financial law. This is absolutely essential for companies that operate entirely within the regulated environment.’

‘Rosemarijn Labeur is meticulous and has a thorough knowledge of financial regulatory law in the Netherlands. She asks the right questions to really get into the details of what the matter is about and does not shy away from remaining honest.’

‘Rosemarijn Labeur does not limit herself to answering a specific question but also proactively raises issues related to the question. These characteristics make working with Rosemarijn a pleasant and comfortable experience.’

Key clients

Aegon Bank

Fleetcor Technologies inc



Van Lawick & Co

Vivid Money

Abu Dhabi Investment Agency

Acrisure Group

Aegon N.V.



Blackfin Capital Partners

Blauwtrust Group

bunq B.V.

Citco Bank Nederland N.V.

Credit Europe Bank N.V.

De Volksbank N.V.

DPG Media B.V.

Branchevereniging Cadeaukaarten Nederland

Euronext N.V.

Fincy Management

Finom Payments


Floryn B.V.

Garantibank International N.V. (part of Banco Bilbao Vizcaya Argentaria)

GMO Netherlands B.V.

Impact Capital


InsingerGilissen, Quintet Private Bank (Europe) S.A.

Lynx B.V.

Mastercard Europe SA/NV

Mizuho Bank Europe N.V.

Nederlandse Waterschapsbank N.V.

OBAM Investment Management B.V.


Onderlinge ‘s-Gravenhage

Pelican Pay



Riverty (trade name Afterpay)

Stater Nederland N.V.

Tele2 Finance B.V.




Triodos Bank N.V.

Veterfina B.V.

Work highlights

  • Represented neo-bank bunq in proceedings against DNB in a landmark case that resulted in a major change of DNB’s AML supervision, which impacts the Dutch financial industry as a whole.
  • Assisted Tencent, one of the largest companies in the world, with its payment institution licence application in the Netherlands with the Dutch Central Bank for its global online gaming merchant payment institution business line, which will become the entire EU hub (Midaspay Europe).
  • Advised Fleetcor Technologies, Inc. on the Dutch law part of the acquisition of Global Reach Group, a UK-based cross-border payments provider and investment firm.


With a large team of financial regulatory experts, NautaDutilh is a market-leading firm that caters to a wide range of Dutch and international banks, among other financial institutions. In particular, the firm has proven its expertise in navigating the fintech sector, having advised on the regulatory requirements of products, business models, online distribution, and internet platforms. Frans van der Eerden has in-depth experience of handling cases concerning capital requirements and financial supervision, while Larissa Silverentand is recommended for matters within the insurance and fintech sectors. Sven Uiterwijk and Jasha Sprecher are also noted for their expertise in regulatory and securities law.

Practice head(s):

Frans van der Eerden; Larissa Silverentand; Sven Uiterwijk; Jasha Sprecher


‘This team is responsive and provides advice which can be used. They work with us to come up with a solution and are also able to stand their ground when needed.’

‘Jasha Sprecher is great to work with, thinks through problems and stands his ground.’

‘Their team is responsive, agile and delivers the required result. The team is easy to work with and knowledgeable. They are also great sparring partners for new ideas.’

‘Jasha Sprecher is very knowledgeable on payments matters and an excellent sparring partner. He understands the in-house dynamics and is very helpful in giving advice in the way that you need it.’

‘Larissa Silverentand is also a great sparring partner and extremely knowledgeable. She is one of the best financial regulatory lawyers in the Netherlands.’

Key clients



American Express




CBRE Global Investors


Credit Suisse

Deutsche Bank

State of the Netherlands

European Merchant Services

Franx B.V.



ING Bank


Mizuho Bank









The Norinchukin Bank

Sixth Street Partners (SSP)



UK P&I Club/Thomas Miller




Xe (part of Euronet)


Knab (Aegon Bank)


Commonwealth Bank of Australia

Work highlights

  • Assisted insurance company asr in its acquisition of Aegon, the largest insurance consolidation in the Netherlands.
  • Advised Triodos Bank, the leading sustainable bank in the Netherlands, on its listing on Captin MTF.
  • Assisting ABN AMRO Bank N.V. on the custody of tokenised securities and the safekeeping of the public/private keys giving access to these securities.


As one of the leading financial regulation teams on the Dutch market, Stibbe is an excellent source of advice for banks, insurance companies, electronic payment platforms, asset managers, and other financial institutions. Rogier Raas, who has decades of experience handling various regulatory and compliance matters, co-heads the team alongside Roderik Vrolijk. Vrolijk advises on Dutch licensing and notification requirements, financial supervision, and securities law; he is also skilled at handling cases within the fintech industry, including regulatory matters regarding e-money and payment platforms.

Practice head(s):

Rogier Raas; Roderik Vrolijk

Other key lawyers:

Soeradj Ramsanjhal


‘Rogier Raas is an excellent lawyer with great knowledge. He was very pleasant to work with because of his great responsiveness and flexibility.’

‘Their commitment to the project was exceptional. They delivered high-quality content while being pragmatic and giving practical advice.’

‘Roderik Vrolijk is an exceptional individual and a pleasure to work with. He was truly involved in helping us reach our goals.’

Key clients


Amsterdam Trade Bank (in liquidiation)

Apollo Global Management Inc.

Ardonagh Europe

Argentex Group Plc

Athora Netherlands (formerly known as VIVAT N.V.)

Bank Mendes Gans

BNP Paribas


ING Bank


Loomis Sayles & Company (a subsidiary of Natixis)

NVB (Dutch Banking Association)

Pinnacle Pet Group (a JAB company)

Vereniging AEGON


Work highlights

  • Advised Vereniging Aegon on the regulatory aspects of the combination of Aegon’s Dutch insurance subsidiaries with a.s.r., a leading Dutch insurer.

Allen & Overy LLP

The team at Allen & Overy LLP regularly advises on market access, licensing and registration with the Dutch regulatory authorities, and insurance matters. Gerard Kastelein heads the practice and is an expert in securities regulations. Other key members of the ‘hugely experienced team’ include Pien van Vliet for her experience in financial regulatory law, Frank Doornik for his extensive expertise regarding pension funds and Pien Kerckhaert, who joined from Dentons in November 2023, bringing significant experience in the Dutch financial institutions sector. Daphne van der Houwen left the firm in January 2024.

Practice head(s):

Gerard Kastelein

Other key lawyers:

Brechje van der Velden; Pien Kerckhaert; Pien van Vliet; Frank Doornik


‘The team possesses a high level of expertise in the financial regulatory area.’

‘They offer pleasant cooperation and good client communication.’

‘In addition to providing high-level expertise, the A&O team excelled in advising on how to approach the relevant regulators on the Netherlands market.’

Key clients


ING Bank

The European Payments Initiative

De Nederlandsche Bank



Vodafone Libertel

BNP Paribas Asset Management




BNP Paribas Cardif

One Trading Exchange




Saxo Bank



Van Lanschot Kempen

Work highlights

  • Advised the European Payments Initiative, a pan-European initiative backed by 16 major banks and payment institutions, on the acquisition of Currence iDEAL and Payconiq International.
  • Assisting the Dutch Central Bank (De Nederlandsche Bank) with various questions on the Dutch implementation of the Bank Recovery and Resolution Directive in the Dutch Financial Supervision Act.
  • Advised Coinbase on Dutch regulatory matters including obtaining a registration with the DNB in the Netherlands for providing crypto services.

Clifford Chance

Headed by Jurgen Van Der Meer, the team at Clifford Chance regularly handles regulatory matters with a cross-border element involving jurisdictions across the US, Europe, Middle East, and Asia. With a particular strength in the fintech industry, the team is fully capable of undertaking licensing applications with the Dutch regulatory authorities, as well as advising on financial supervision and regulatory capital matters. Marian Scheele leads the fintech team and is recommended for assisting payment service providers, as well as crypto and blockchain companies, with regulatory concerns. Bas Boris Visser is also a prominent member of the team, with experience of advising both Dutch and international financial institutions.

Practice head(s):

Jurgen van der Meer

Other key lawyers:

Bas Boris Visser; Marian Scheele; Robert Smits


‘The team is very service minded and knowledgeable about the market.’

‘Working with Jurgen van der Meer is always a great pleasure. He is very knowledgeable but remains humble and calm. He is a great sparring partner on complex legal matters but also works with the client on more practical issues.’

‘Robert Smits is a very knowledgeable expert on topics relating to custody or clearing.’

‘The team has in-depth knowledge of the financial industry. We have worked with them on bond issuances, regulatory matters and custody/infrastructure matters. They really respond quickly and understand that sometimes you want in-depth advice and sometimes a few lines are sufficient.’

‘Extensive, hands-on experience with agreements such as custody agreements and depositary services agreements.’

‘We have worked with Clifford Chance in the Netherlands for years. What stands out is their knowledge of the regulatory landscape and market participants, their ability to provide practical advice and willingness to explain complex matters in simple terms.’

‘Robert Smits is very knowledgeable and a great partner. I particularly appreciate his clarity and ability to distil complex regulations into simple terms and what matters most for us. He is my go-to lawyer in the Netherlands.’

Key clients

NatWest Markets N.V.


ACT Commodities








Athora Netherlands



With Arno Voerman leading the team, Dentons has proven itself to be an excellent choice for payment services and fintech companies seeking regulatory advice. The team regularly handles matters relating to licence applications, market entry, cryptocurrencies, credit cards, and M&A requirements. Further to this, the firm has extensive capabilities within the insurance industry and often advises on market access concerns as well as capital and solvency requirements. Robbert Middelburg is recommended for his experience advising banks and other financial institutions on regulatory compliance and government requirements.

Practice head(s):

Arno Voerman

Other key lawyers:

Robbert Middelburg


‘The regulatory team’s international angle gives them the advantage of sharing views on EU regulation throughout several countries.’

Key clients


Citco Bank




NN Group N.V.

NN Investment Partners




Vitesse PSP


Work highlights

  • Acting for Aegon on a continuous basis on a variety of challenging regulatory projects to ensure compliance with guidelines and requirements from the Dutch and European regulatory authorities and GDPR.
  • Acted as lead counsel on the securitisation of a US trade receivables financing for the Zenith group.

DLA Piper

Led by Paul Hopman, the team at DLA Piper works closely with the firm’s offices across the world to provide a comprehensive service on cross-border matters. The team caters to a wide range of clients, including banks, payment services providers, insurance companies, fintech companies, and global crypto exchange entities. The team regularly advises on licensing applications, notification requirements, ESG and GDPR compliance, and general financial regulatory matters. Martijn Boeve is recommended for his advice on the regulatory requirements of start-up companies within the fintech industry, while Aline Kiers frequently handles matters for investment firms and financial services providers.

Practice head(s):

Paul Hopman

Other key lawyers:

Martijn Boeve; Aline Kiers


‘Over the years the DLA team has proven to be easily accessible, responsive, knowledgeable and easy to work with. The company culture of the Dutch team is down to earth and efficient while dealing with our requests.’

‘We have been working with Paul Hopman and Martijn Boeve. Their support has proven key in further developing our intra-company European regulatory framework.

‘DLA gives hands-on advice, they are very knowledgeable, and are able to explain Dutch legal matters to non-Dutch counsel. They great collaborators.’

‘They have a very capable and responsive team. They look for solutions and go the extra mile to investigate market practice.’

‘Working with this team is nice because it has a practical approach, it delivers good value for money, it works very smoothly as one integrated team of Dutch and local lawyers at DLA in other countries, and they let us know in a timely manner when a quote could be reached.’

‘Paul Hopman is a good listener and very fast at arranging things. Martijn Boeve has good knowledge and produces practical advice we can work with.’

‘Very capable and responsive team. They work with you as a client to look for solutions and go the extra mile to investigate market practice.’

‘Martijn Boeve has in-depth knowledge of the application of Further Remuneration Measures for Financial Undertakings Act (DWbfo). And interaction on questions raised is informal, to the point and provided within short timelines.’

Key clients


Cooperatieve Rabobank U.A.

ING Bank N.V.

Deutsche Bank




DHB Bank


Nordax Bank

Nordiska Kreditmarknadsaktiebolaget



W.P. Carey

Harrison Street

Fronterra Capital




Partner Reinsurance Company (PartnerRe)

Descartes Insurance

WAKAM Insurance

Zurich Insurance Group

Liberty Mutual Insurance

Likewize Insurance

KBC Verzekeringen










Ballast Nedam





LCP Partners



AFTC (Avalara)


EyeCare Group






Work highlights

  • Assisted Rabobank in its first CRU trade with a big corporate as well as with drafting the standard documentation and rendering regulatory advice regarding the status of the CRU.
  • Advising AIG on strategic alliances, partnerships, contracts, sanctions and other (international) business critical projects.

Loyens & Loeff

Headed by Martijn Schoonewille, Loyens & Loeff is home to ‘an experienced team with a broad knowledge of Dutch and EU financial regulatory law’. The firm regularly acts for a range of financial institutions such as international and Dutch banks, insurance companies, investment and asset managers, and payment service providers. Wendy Pronk is well versed in regulations relating to financial supervision, anti-money laundering, and the fintech sector. The team, which also includes Kitty Lieverse and Roderik Boogaard, frequently advises on the various regulatory aspects of M&As, investigations by the Dutch financial authorities, and licensing.

Practice head(s):

Martijn Schoonewille

Other key lawyers:

Roderik Boogaard; Kitty Lieverse; Wendy Pronk; Marit Bosselaar


‘An experienced team with a broad knowledge of Dutch and EU financial regulatory law.’

‘Kitty Lieverse is one of the best lawyers in the Netherlands on financial regulatory and financial litigation matters.’

‘The firm gives best-in-class regulatory advice for Dutch private equity funds.’

‘Roderik Boogaard is a standout partner in the firm, providing expert advice on the regulatory aspects of Dutch private equity funds.’

‘Kitty Lieverse and Marit Bosselaar are real regulatory experts in the field of finance to consumers in the Netherlands. They offer pragmatic solutions beyond just the regulatory or legal aspects.’

‘Kitty Lieverse and Marit Bosselaar are experts in the regulatory supervision area. They are well informed of supervision laws and regulations and how supervisory authorities approach certain matters. They have a strong network and expertise and understand our commercial business and goals.’

Key clients


Willis Towers Watson


WeChat Pay


Banco Santander

APG Asset Management



Morgan Stanley

Work highlights

  • Assisted EQT AB (and other group companies) on all financial regulatory issues and on obtaining the relevant regulatory approvals for the transaction resulting in control over the Baring group and its portfolio companies.
  • Assisted Wefunder B.V. in obtaining the European crowdfunding licence for its European HQ.

Norton Rose Fulbright

Norton Rose Fulbright frequently advises on regulatory matters relating to ESG compliance, the fintech sector, banking and financial services, insurance companies, and trading firms. The team is especially skilled at advising on multi-jurisdictional compliance matters, with key clients including notable international banks and proprietary trading firms. With more than two decades of experience in the financial services market, Floortje Nagelkerke leads the team. She advises on a variety of regulatory and compliance issues, and Dutch licensing and notification requirements, and possesses in-depth knowledge of cryptocurrencies. Nikolai De Koning frequently handles cross-border regulatory mandates as well as matters concerning trading and digital payments.

Practice head(s):

Floortje Nagelkerke

Other key lawyers:

Nikolai De Koning


‘Floortje Nagelkerke is a star who gives clear and practical advice.’

‘Norton Rose exceeded my expectations, not only because of the expertise and speed with which they deliver superb advice but also because of the way they manage the files.’ 

‘Floortje Nagelkerke is an excellent partner. She is very knowledgeable, has a great network, and understands when to move fast without losing track of important details. She is a pleasant personality to work with.’

‘The team has excellent oversight of a broad scope of financial markets regulations and distinguishes itself with its operational knowledge about the workings of the financial markets.’

‘Floortje Nagelkerke has in-depth knowledge of how market participants, regulators and operational systems interact and therefore is very capable of understanding the rationale of rules and regulations in that respect.’

‘People in the team, from associates to partners, are approachable and communicate like normal people. For me this is an important reason to work with NRF.’

‘They give practical, hands-on advice. They are pragmatic, experienced, and highly responsive. The fees are reasonable and the work is efficient.’

‘Nikolai de Koning is a dream to work with – he is innovative and has an impressive grasp of crypto regulations. Floortje Nagelkerke is a safe pair of hands.’

Key clients




Northern Trust Group

Royal Bank of Canada


ING Bank N.V.

Domestic & General

BNP Securities Services



Bits of Stock


Jane Street

ABN AMRO Clearing Bank


Société Générale

BNP Paribas Cardif



Simmons & Simmons

Simmons & Simmons is a go-to firm for some of the most renowned asset managers and banks in the Dutch market. With a strong global network, the firm is fully equipped to advise on cross-border regulatory matters and has expanding expertise in handling complex matters related to cryptocurrencies. Rezah Stegeman heads the team, as well as the financial markets department. He is an expert in financial supervision and frequently advises banks, asset managers, and pension schemes. Auryn Bokma focusses on regulatory matters concerning investment funds and has experience of handling licensing applications for asset managers. Harmen Wielens is also noted for his expertise within the financial services sector.

Practice head(s):

Rezah Stegeman

Other key lawyers:

Auryn Bokma; Harmen Wielens


‘An extremely dedicated and professional team of financial services lawyers with great expertise in crypto.’

‘They are highly responsive, even outside of working hours; they have a great knowledge on precedents and local laws.’

‘Rezah Stegeman’s team in Amsterdam has been instrumental to our firm’s obtaining an EU licence and we rely heavily on the team’s counsel for our regulatory practice. Collaboration on both buy-side and sell-side matters has been seamless and Rezah has been very good at introducing us to the various specialists in the Dutch practice according to our needs.’

Key clients

BNG Bank

ING Bank








Work highlights

  • Advised William Blair and Monument Group on establishing a presence and obtaining an investment firm (MiFID) licence in the Netherlands.
  • Advised ING on capital relief for cleared OTC-derivatives.
  • Acted as lead legal counsel assisting Kempen Capital Management (and Van Lanschot, the bank within the same group) with the entire process for implementing the new Sustainable Finance Disclosure (SFDR) and Taxonomy Regulation requirements.

Baker McKenzie

With a strong global presence, Baker McKenzie is well situated to provide international clients with advice on general regulatory matters, licensing and registration requirements in the Netherlands, and anti-money laundering compliance policies. Spearheading the practice, Corinne Schot frequently advises international payment services providers on European regulatory frameworks, business models, and the preparation of licence applications. Tim Alferink is recommended for his assistance to financial institutions and fintech start-up companies in relation to financial market regulations and operational requirements. Martijn Stolze and Daniël Kelderhuis are also noted for their experience with financial law.

Practice head(s):

Corinne Schot

Other key lawyers:

Tim Alferink; Martijn Stolze; Daniël Kelderhuis

Key clients


N26 Hypotheken B.V.



Stichting Stadgenoot

Work highlights

  • Advised a group of Dutch housing associations on their options under existing ISDA/CSAs and other agreements regarding the usage of Euribor, EONIA and other benchmarks, as well as the consequences of the Benchmarks Regulation and related fall-backs.
  • Assisted N26 Hypotheken B.V. with all aspects of obtaining a licence as a mortgage credit provider in the Netherlands with the Dutch Authority for the Financial Markets, including the drafting of the internal policy and procedure handbook.


Tessa Penninks spearheads the ‘highly knowledgeable’ team at CMS, which advises on a broad range of financial regulatory matters such as EU passporting, anti-money laundering legislation, payment services regulations, and licensing requirements. The firm is particularly skilled at navigating the regulations relating to international financial institutions, fintech companies, and the automotive industry. With his experience handling matters for both national and international fintech companies, Laurens Pronk also forms an essential part of the team.

Practice head(s):

Tessa Penninks

Other key lawyers:

Laurens Pronk


‘The team can cover all topics we need as a financial institution. They have a direct key contact person as the single point of contact who coordinates all matters. They also have an advantage in that they can directly cover foreign law through their offices in other EU countries.’

‘The team at CMS is highly knowledgeable on multiple topics.’

‘The CMS financial services team is nice to work with. Laurens Pronk and Tessa Pennicks are friendly and approachable; they are a joy to work with as co-counsel.’

‘We work closely with Tessa Penninks and we highly value her specific knowledge of our company structure and the business we are in. This really makes her stand out from the competition.’

‘Tessa Penninks is always available and listens well to the ideas of others. She is open to looking for an alternative option and a joy to work with.’

‘The firm stands out for its people and its clear advice and very quick turnaround.’

‘They are very understanding, and get the point. Quick work and turnaround, and very clear communication. They do what they say they will – deadlines are set realistically.’

Key clients

ALD Automotive



Digital Partners

Lemonade Inc.


Qander Consumer Finance

Rabo Frontier Ventures


RCI Financial Services (Renault Finance)


Hart advocaten N.V.

Hart advocaten N.V. is a boutique firm that specialises in financial services, with experience acting for banks, insurance companies, pension funds, and investment firms, among other financial institutions. The ‘very knowledgeable’ team advises extensively on anti-money laundering legislation, consumer protection regulations, and sanctions compliance. Frank ‘T Hart is an ‘outstanding lawyer’ who specialises in financial law, and is recommended for litigation and investigations arising out of alleged regulatory violations. He co-heads the team with Laura Stortelder.

Practice head(s):

Frank ‘t Hart; Laura Stortelder


‘The practice is big enough to have all the relevant expertise and skills in-house. It has the right position and reputation in the Dutch financial market to attract and retain the right talent.’

‘They focus on the client’s interests, focus on the problem and the issue at hand, and are quick with answers and suggestions. While the individual team members are very good at what they do, each of them is a complete professional in their respective specialisation. Frank ‘t Hart is an outstanding example; he is well respected in the Dutch financial industry.’

‘The team is always available when you need them, providing advice that is accurate, to the point and useful for our specific needs.’

Key clients


Aegon Nederland, including Knab


Bank Degroof Petercam



Promovendum (CAK)





Van Lanschot


The financial regulatory team at Houthoff advises on a wide range of matters, including market supervision, licensing and insurance, among others. The firm offers a comprehensive service to traditional banking institutions as well as fintech companies, payment platforms, and cryptocurrencies. Leading the team is Berry van Wijk, a financial regulatory expert who frequently navigates cases with the Dutch regulatory authorities. Lisanne Haarman works closely alongside van Wijk and is noted for her knowledge of regulations concerning anti-money laundering, banking, and payment services.

Practice head(s):

Berry van Wijk

Other key lawyers:

Juan Vervuurt; Lisanne Haarman; Gijs Hamelijnck


‘Their core expertise and style set them apart from many other firms. The are very thorough and skilled in approaching advice on evolving financial transactions presenting novel challenges in regulation. They take into account likely interpretations and future regulations affecting regulation of security platforms.’

‘The team’s strengths and key capabilities are their knowledge and expertise.’

‘Houthoff is a very competent, approachable and reliable advisor.’

‘They are a pragmatic team that understands our business as a customer.’

‘They are professionals who understood the short time constraints and came up with ready-made answers.’

‘A very well-rounded team. They are honest and personal. They are always up-to-date and on the ball.’

‘They stand out for their personal touch combined with great professionalism and expertise.’

Key clients

Corporation Service Company (CSC)

Credit Agricole Consumer Finance/Interbank


PSA Financial Services Nederland/Stellantis Financial Services Nederland

De Goudse N.V.


Onderlinge’s Gravenhage


Bayerische Landesbank

EMS (European Merchant Services)

Work highlights

  • Advising eToro, one of the larger ‘real’ crypto services providers in the Netherlands, on the scope of the MiFID II European passport and assisting with obtaining its crypto services registration at the Dutch Central Bank under Dutch AML laws, screening of directors and structuring of financial products.
  • Advising Credit Agricole Consumer Finance Group on regulatory matters regarding governance, compliance, capital and outsourcing in relation to its large-scale reorganisation, including coordinating and drafting the application for a declaration of no objection from the Dutch Central Bank.
  • Advising Corporation Service Company on the financial regulatory aspects (including coordinating and drafting the application for a declaration of no objection from the Dutch Central Bank) of its €1.8 billion public offer for Intertrust, and the subsequent transfer of shares and (compliance) integration process.


Headed by Bas Jennen, the financial regulation group at Linklaters has an established network with Dutch regulatory authorities such as the Dutch Central Bank and the Authority for the Financial Markets. The firm frequently advises international and domestic banks, payment services providers, fintech companies, investment firms, and insurance companies. Leonard Van Den Ende is an integral part of the team with experience handling matters relating to licensing, regulatory issues in M&A transactions, and anti-money laundering policies.

Practice head(s):

Bas Jennen

Other key lawyers:

Leonard van den Ende


‘The firm stands out for their high-level expertise and international network.’

‘Bas Jennen is one of a kind. He is very dedicated and client focused. He has an excellent knowledge of the legal framework and is creative in finding solutions for complicated matters with his outside-the-box mindset.’

The team has special expertise in the field of financial administrative law, not only in the laws and regulations of the Netherlands and the EU, but also of the Dutch Caribbean, such as Aruba, Curacao and Sint Maarten.’

Key clients

Central Bank of Aruba

Work highlights

  • Advised the Central Bank of Aruba on a comprehensive new legal framework to regulate and supervise payment service providers and payment systems and introduce a right to a payment account for consumers and businesses.
  • Advised a Dutch financial holding company on the application for permission with the Dutch Central Bank (De Nederlandsche Bank).

Osborne Clarke

Osborne Clarke is an expert at handling licensing applications to the Dutch authorities. The firm regularly caters to high-profile clients within the payment services and fintech industries such as PayPal and Plaid. With Johannes de Jong at the helm, the team has extensive experience of advising on e-money and cryptocurrency issues, as well as more traditional financial matters for banks and asset managers. Juliet de Graaf often advises trading platforms, investment funds, and payment service providers. Other key members of the team include Anka Langedijk and Matthijs Leijendekker.

Practice head(s):

Johannes de Jong

Other key lawyers:

Juliet de Graaf; Anka Langedijk; Matthijs Leijendekker

Key clients



ClearBank Ltd

Fiat Republic Netherlands B.V.

PayPal (Europe) S.à.r.l.

Plaid, B.V.

Van Eck Asset Management B.V.

ING Bank N.V.


Banking Circle

Work highlights

  • Assisting ClearBank Europe with obtaining a banking licence in the Netherlands.
  • Assisting BUX B.V. with the structuring of alternative payment methods that are a market first.
  • Acting for Fiat Republic on one of the first e-money licence application in the Netherlands which solely focuses on serving crypto platforms.

bureau Brandeis

bureau Brandeis has experience acting for banks, fintech companies, investment companies, and other financial institutions. The team of ‘very capable lawyers’ is especially skilled at handling civil litigation arising out of financial regulatory matters such as duty of care, risk management, and compliance with anti-money laundering and international sanctions. Simone Peek leads the team and frequently advises on the investigations and enforcement procedures of the regulatory authorities. Other notable members of the team include Casper Rooijakkers for his experience in financial services litigation and Joris Viellevoije, who is recommended for matters relating to crypto assets.

Practice head(s):

Simone Peek

Other key lawyers:

Casper Rooijakkers; Joris Viellevoije


‘The team has very capable lawyers. They have deep-seated knowledge and a lot of relevant experience.’

FIZ advocaten B.V.

Located in Rotterdam, the financial regulatory team at FIZ advocaten B.V. is headed by Michiel Claassen, a financial regulatory specialist who is considered ‘an expert in his field’. He frequently handles matters for fintech companies, investment firms, and payment services and credit providers, among other financial institutions. The team advises on anti-money laundering, general regulatory compliance, and licensing requirements, and is especially skilled at directing clients through the regulatory landscape of the mortgage industry. Armin Zukanovic is also noted for his extensive knowledge of Dutch and European financial regulatory law.

Practice head(s):

Michiel Claassen

Other key lawyers:

Armin Zukanovic; Jurian Snijders; Youri Tonino


‘Jurian Snijder’s attention to detail and strategic thinking have been instrumental in our legal matters. He has an innate ability to dissect complex issues, provide clear guidance, and formulate effective legal strategies.’

‘What makes the FIZ team unique and very pleasant to work with is the fact that they are all very approachable, friendly and very patient. Each one of them is an expert in their own field.’

‘Michiel Claassen is an expert in his field. He always works hard and does his best to win the case or get the best results possible.’

‘The FIZ lawyers are pragmatic and skilled. They are very approachable and are always ready to help. They get the work done on time and have very broad expertise, which enables them to support us with all aspects.’

‘Michiel Claassen is well known as an expert in his field. He is the kind of lawyer you need by your side when you’re dealing with a complicated matter.’

‘First and foremost, the team’s legal acumen is exceptional. Their attorneys possess a deep understanding of the law, combined with practical insights that have been invaluable in helping us navigate complex legal matters. Their ability to provide comprehensive and creative solutions to our legal challenges is a testament to their expertise.’

‘In comparison to other firms, FIZ advocaten stands out as a beacon of professionalism and adaptability. They consistently deliver high-quality legal services while staying at the forefront of legal innovation.’

‘Jurian Snijders, Michiel Claassen, and Youri Tonino all distinguish themselves through their expertise, dedication, and proactive approach. They have consistently demonstrated a commitment to our success, and we are grateful for their exceptional service. We highly recommend them to anyone seeking legal counsel of the highest calibre.’

Key clients

CMIS Nederland B.V.

Credit Management & Investors Solutions B.V. (CMIS)

Adaxio B.V.

Coöperatie VGZ (head of VGZ Group, including VGZ Zorgverzekeraar N.V.)

WebFin Leningen B.V. and Webfin Financieringen B.V.

Fenerantis B.V.

BCMGlobal Nederland B.V. (formerly registered as Link Asset Services Netherlands B.V. and part of Link Group)

Vesting Finance (part of the Arrow Global Investments group)

ESGood B.V. (Impact Hypotheken)

Velvet Fund Manager B.V.


Lexence has a vast amount of experience in assisting both domestic and European clients with the financial laws and regulations that govern the structuring of financing transactions. The team’s broad capabilities include negotiating due diligence and licensing matters with Dutch financial regulators such as the Central Bank and Authority for the Financial Markets. Practice head Charles Destrée has more than three decades of experience, giving him an in-depth understanding of financial regulatory law. Bastiaan van Schaik is also a notable contact.

Practice head(s):

Charles Destrée

Other key lawyers:

Bas Zandvliet; Max de Vreede; Nina Blanke; Bastiaan van Schaik


‘The firm stands out for its quality of advice, attitude and attention to clients’ requests.’

‘They have outstanding partners who are professional and very dedicated.’


Orange Clover Law

Orange Clover Law is a boutique law firm with an experienced team that frequently assists with the financial regulatory aspects of cross-border mandates, especially between the US and the Netherlands. Spearheading the team, Alex Gonzalez is an ‘an expert in the local market’ with more than two decades of experience specialising in regulatory and investment management matters. With her previous experience working with the financial supervisory authorities in the Netherlands, Joyce Kerkvliet is an excellent source of advice for clients seeking guidance on the various regulations within the financial market. Other prominent members of the team include Machiel Galjaart and Marcel van den Nieuwenhuijzen.

Practice head(s):

Alex Gonzalez

Other key lawyers:

Marcel van den Nieuwenhuijzen; Machiel Galjaart; Joyce Kerkvliet


‘The firm offers good client service and knowledge of the industry.’

‘They are a collaborative partner with a thorough understanding of our business, and the regulatory environment in which we operate.’

‘Alex Gonzalez is available when we need him, and consistently demonstrates a high level of engagement. He is quick to grasp the essence of matters, and work towards practical, efficient solutions.’

‘Joyce Kerkvliet brings practical real-world experience, which she applies for the benefit of clients to deliver solutions that are not only good in theory, but also work well in practice.’

‘The size and approach of the team works very well for us, both in terms of the commercial and practical approach taken but also in respect of fees and billing.’

‘Joyce Kerkvliet is very responsive and good to work with. Her prior experience of having worked at the AFM is particularly helpful.’ 

‘Alex Gonzalez is easy to deal with, provides practical advice and is an expert in the local market.’

Key clients

New York Stock Exchange (ICE)

DRW Trading


Jump Trading

CTC Trading

Eagle Seven


XR Trading

Vivoryon Therapeutics N.V.


Five Rings

Mako Trading


Five Rings

New Amsterdam


Legal & General Investment Management

VTC Europe B.V.


Work highlights

  • Advised VTC Europe on whether it can provide certain FX services to its clients without triggering any additional licensing requirements under the Netherlands Financial Supervision Act.
  • Advised New Amsterdam on the applicable prudential requirements and interactions with the Dutch Central Bank.
  • Advised on whether certain brokerage fee settlement services provided by FIA Technology Services Inc via its Atlantis platform trigger any licensing/dispensation requirements under the Netherlands Financial Supervision Act.

Van Benthem & Keulen

The team at Van Benthem & Keulen advises financial institutions such as banks, asset managers, insurers, and payment service providers. Taking a multi-disciplinary approach, the firm assists on various regulatory matters, including anti-money laundering requirements, liability of breaches in duty of care, consumer credit, and insurance. The team is headed by Frank Richel, who is skilled at navigating civil litigation that is connected to financial regulatory law.

Practice head(s):

Frank Richel

Other key lawyers:

Mark Murris; Dylan Verheij


‘The firm stands out for its great expertise.’

‘The practice has a very hands-on and proactive way of working. The memos and advice are communicated in such a way that even non-lawyers understand it, which is not always the case with other firms.’

‘Knowledge and professionalism are top notch but what elevates them is that they can deliver complex legal advice in a way that our business can understand and put into practical use.’

‘Frank Richel has excellent availability, gives top-notch advice, and delivers on promises. He knows and understands our business, the competition, our regulators and supervisors. Being able to explain complex subjects in layman’s terms shows real mastery of the subject matter.’

‘The firm has sound legal and industry knowledge with a personal touch. They are transparent and have a no-nonsense culture. They also offer great support for clients through courses and webinars.’

‘The VBK team is easy to work with, reachable and timely and provides the pragmatic legal service we’re seeking.’

Key clients

ING Bank N.V.

Triodos Bank N.V.

BNP Paribas Netherlands

Scildon N.V.

de Volksbank N.V.

Citibank Europe Plc, Netherlands Branch

Arval B.V.

equensWorldline N.V.

Work highlights

  • Advising ING Bank N.V. on an ongoing basis on regulatory and contract law matters relating to a specific project.
  • Advising BNP Paribas Netherlands (including Arval, BNP Paribas Cardif, BNP Paribas Netherlands Finance and BNP Paribas Leasing Solutions) on an ongoing basis on a wide range of regulatory matters.
  • Advising the insurer Scildon on an ongoing basis on a wide range of regulatory matters.

Van Doorne

Van Doorne possesses broad capabilities within the banking and finance sector, catering to various clients that include banks, insurance companies, pension funds, and investment management companies, among other financial institutions. Jelmer Baukema has extensive experience in advising on the regulatory framework in the alternative financing space, covering crowdfunding, debt-based securities, bond issuances, and peer-to-peer loans. Other key members of the team include Daan Horsthuis and Neyah van der Aa. Horsthuis is noted for his skill in investment management matters, while van der Aa is recommended for his regulatory investigations and enforcement expertise.

Practice head(s):

Jelmer Baukema; Daan Horsthuis; Neyah van der Aa


‘The team consists of pleasant and knowledgeable professionals.’

‘Jelmer Baukema is a key contact and trusted adviser.’

Key clients

Mogelijk Vastgoedfinancieringen

Odin Biological Supermarkets

North Peak Capital Management

Candriam Investors Group

Rothesay Life

MFS Investment Management

Hedin Automotive Group

Yard Energy


Work highlights

  • Advising Mogelijk Vastgoedfinancieringen in a RMBS transaction which securitised a portfolio of buy-to-let mortgage loans secured on residential properties in the Netherlands.