Bank's Duty Of Care

The European Investment Bank (EIB) has committed up to €37.5m in Xeltis as part of a €50m financing round alongside existing investors, including EQT and Invest-NL.

The European Commission wants to harmonise the rules for central securities depositaries (CSDs) and has published a proposal for a regulation to that effect.

Gone are the days when having some office space or a couple of employees in a jurisdiction counted as economic substance for your fund structure.

The revised European Market Infrastructure Regulation (EMIR 3), which came into effect on 24 December 2024, aims to enhance the transparency, stability, and safety of the financial markets within the EU.

The Dutch Central Bank (DNB) has introduced a new enforcement policy that significantly tightens its approach to capital and liquidity requirements.

The Dutch Central Bank (DNB) has introduced a revised enforcement policy that imposes administrative fines and penalty payment orders on designated reporting entities that repeatedly fail to submit statistical reports on time. Captive financial institutions, fund managers, securitisation vehicles, and certain holding and royalty companies must now ensure their governance frameworks support timely compliance...

Crypto M&A transactions demand comprehensive due diligence beyond traditional legal and financial analysis, with regulatory compliance, tax reporting, governance, cybersecurity and licensing requirements emerging as critical value drivers. This leaflet examines ten essential areas that buyers, investors and crypto businesses must evaluate when preparing for or executing crypto M&A transactions in Europe, drawing on integrated law and tax expertise.

The Dutch Senate has approved legislation implementing CRD VI, fundamentally changing how non-EU banks can provide loans and banking services to corporate borrowers in the Netherlands and across the EU.

The European Commission is holding a consultation on crowdfunding to explore how crowdfunding could be promoted.

This month, a combined settlement was reached with one of China's biggest manufacturers of telecom equipment, Zhongxing Telecommunications Ltd. (ZTE).

The China State Administration of Taxation recently issued a notice extending the taxation of capital gains by non-Chinese tax residents arising from indirect transfers of Chinese assets.

Yahoo suffered three significant data breaches affecting more than 1.7 billion users between 2012 and 2014.

Today, the Dutch Ministry of Finance announced that it changed its policy on Exempt Investment Institutions (Vrijgestelde Beleggingsinstellingen or VBIs) in the sense that from now it will support these entities if they claim protection under Dutch tax treaties, except if the Netherlands specifically agrees with the other treaty partner that certain treaty benefits will not be available.

The European Commission wants to harmonise the rules for central securities depositaries (CSDs) and has published a proposal for a regulation to that effect.

Dutch telecom and internet providers are no longer required to retain the telephone and internet traffic data of their customers.

The Ministry of Finance and the State Administration of Taxation introduced a pilot program in Shanghai to replace business tax on transportation services and 'modern' services.

Today, 20 December 2012, the Dutch Minister of Economic Affairs announced that the Dutch cookie law may possibly be amended with regard to first party anonymous analytics cookies.

The District Court of Rotterdam overturned the fines on Pilkington and Scheuten for their participation in a double glazing cartel.

Cases with regard to sanctions and export control increasingly lead to enforcement action.