Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 25 OCTOBER 2013

Solvency II Update

De Brauw Blackstone Westbroek
De Brauw Blackstone Westbroek
Contributor
De Brauw Blackstone Westbroek

De Brauw Blackstone Westbroek

Our clients are increasingly operating in South-East Asia and require legal assistance in the...

View firm profile
Explore more from De Brauw Blackstone Westbroek

This alert addresses significant recent European developments regarding Solvency II.

NetherlandsInsolvency/Bankruptcy/Re-Structuring
DaniëLle Pos
DaniëLle Pos
Jessica Schouten
Jessica Schouten
Author LinkedIn connections

This alert addresses significant recent European developments regarding Solvency II.

The Solvency II Directive ("Solvency II") aims to create a level playing field for the European insurance industry and signals a move towards a risk-based supervisory system. This alert addresses significant recent European developments regarding Solvency II.

Application date to be postponed

The current date of application for Solvency II is 1 January 2014. It had been anticipated widely for quite some time that application as per this date would not be feasible. In formal acknowledgement of this fact, the European Commission proposed a Directive on 2 October 2013 to postpone the application date to 1 January 2016. It is highly likely that this proposed Directive will be adopted.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Bankruptcy Of Hortilux, Agrilight And AP Nederland B.V.

Stefan van Wijk of BUREN has been appointed administrator following the bankruptcy of six Dutch companies operating under the Hortilux and Agrilight brands, which manufacture lighting installations for greenhouse horticulture and livestock housing. With over ten parties already expressing interest and intensive restart efforts underway, the administrator is preparing an information memorandum to facilitate potential acquisitions while maintaining operations in the interim.
NetherlandsInsolvency/Bankruptcy/Re-Structuring
BUREN
BUREN
Article

Case Note: Hunkemöller LME Dispute Tests The New Dutch Discovery Framework

An Amsterdam District Court recently rejected investment funds' attempts to obtain documents and examine directors in connection with Hunkemöller's restructuring, marking the first Dutch judgment on allegations arising from a Liability Management Exercise. The funds claimed they were disadvantaged by an up-tiering transaction but failed to sufficiently substantiate their claims of unlawful conduct.
NetherlandsInsolvency/Bankruptcy/Re-Structuring
Loyens & Loeff
Loyens & Loeff
Article

The GDPR In Dutch Bankruptcy Proceedings: Personal Data Processing By The Insolvency Practitioner

When a company enters bankruptcy proceedings within the European Union, insolvency practitioners must navigate a complex intersection of duties: administering the estate while ensuring strict compliance with GDPR requirements for processing personal data. The recent Co-Med healthcare bankruptcy in the Netherlands illustrates how modern insolvency practice requires careful handling of sensitive information, from medical records to employee data, while balancing statutory obligations with fundamental privacy
NetherlandsInsolvency/Bankruptcy/Re-Structuring
GGI | Global Alliance
GGI | Global Alliance
Article

Faillissement FP Nieuwegein B.V.

FP Nieuwegein B.V., operating under the name Fat Phill's, has been declared bankrupt by the District Court of The Hague. The curator is investigating possibilities for a restart of the hospitality business, with interested parties invited to submit expressions of interest by September 14th. Employee contracts will be terminated following standard bankruptcy procedures, with salary payments handled through the UWV wage guarantee scheme.
NetherlandsInsolvency/Bankruptcy/Re-Structuring
BUREN
BUREN
Article

Trading Disruption Risk Expected For EU Companies Listed Or Traded Outside The EU

A critical deadline looms for European issuers with securities traded outside the EU, as a key grandfathering clause under the CSD Regulation expires on 17 January 2027. Without timely regulatory action, third-country central securities depositories like DTC may be forced to suspend services to affected EU issuers, potentially disrupting trading in their equity and debt instruments on international markets.
European UnionInternational Law
De Brauw Blackstone Westbroek
De Brauw Blackstone Westbroek
Article

EU Companies Listed Or Traded Outside EU To Be Aware Of Upcoming Expiry Of Key Trade-facilitating Clause

A critical deadline looms for European issuers with securities traded outside the EU, as a key grandfathering clause under the CSD Regulation expires on 17 January 2027. Without timely regulatory action, third-country central securities depositories like DTC may be forced to suspend services to affected EU issuers, potentially disrupting trading in their equity and debt instruments on international markets.
European UnionFinance and Banking
De Brauw Blackstone Westbroek
De Brauw Blackstone Westbroek
Article

Dutch Competition Regulator's Call-in Power Passes "First Phase" As Lower House Adopts Bill

The Netherlands is poised to grant its competition authority unprecedented power to scrutinize mergers that fall below traditional notification thresholds, targeting potentially harmful transactions such as roll-up strategies and killer acquisitions. While the Dutch House of Representatives has approved the bill despite criticism from the Council of State, the legislation introduces an asymmetric threshold system and raises standard notification requirements, fundamentally reshaping the country's merger con
NetherlandsAntitrust/Competition Law
De Brauw Blackstone Westbroek
De Brauw Blackstone Westbroek