ArticleNew Criminal Sanctions In China For Offering BribesAfter years of focusing on recipients of bribes, China is introducing criminal liability for those offering bribes from 1 November 2015.ChinaCriminal LawDe Brauw Blackstone Westbroek
ArticleArne Grimme On The Impact Of The Financial Crisis On The Mergers & Acquisitions MarketThe turmoil in financial markets also reveals concerns lawyers. Particularly those working in the field of Mergers & Acquisitions suffer from uncertainty. NetherlandsCorporate/Commercial LawDe Brauw Blackstone Westbroek
ArticleBill Adopted On Notification Of Cash Settled InstrumentsThis Bill has been adopted by the First Chamber of parliament and is expected to come into force on 1 January 2012. NetherlandsCorporate/Commercial LawDe Brauw Blackstone Westbroek
ArticleESMA Holds Consultation About Supplements To ProspectusesIn its recent draft regulatory technical standards, the ESMA provides an overview of situations requiring a supplement to a prospectus. NetherlandsCorporate/Commercial LawDe Brauw Blackstone Westbroek
ArticleAct On Confiscation Of Criminal ProceedsLegislation broadening the scope for confiscating criminal proceeds took effect 1 July 2011. NetherlandsCriminal LawDe Brauw Blackstone Westbroek
ArticleAFM Revises Brochure On Insider TradingThe Netherlands Authority for the Financial Markets ("AFM") has revised its brochure on insider trading. The primary amendment concerns the obligation of insiders to notify transactions in financial instruments issued by their own institution to the AFM. NetherlandsCriminal LawDe Brauw Blackstone Westbroek
ArticleAFM's Fine Of NCIC For Misleading Trading Practices Becomes FinalThe AFM imposed a EUR 20,000 fine on NCIC for misleading trading practices on 11 May 2012.NetherlandsCriminal LawDe Brauw Blackstone Westbroek
ArticleDNB Fines Two Companies For Illegally Conducting Banking ActivitiesThe Dutch Central Bank issued two fines for banking law violations on 25 September 2012.NetherlandsCriminal LawDe Brauw Blackstone Westbroek
ArticleMinister Of Security And Justice Visits The US To Join Fight On Corruption And CybercrimeOn 21 February 2012, the Dutch Minister of Security and Justice signed a Memorandum of Understanding in Washington D.C. with the World Bank for greater cooperation in fighting international fraud and corruption. NetherlandsCriminal LawDe Brauw Blackstone Westbroek
ArticleGeneral Pension Funds Obtain Clarification On Derivatives TransactionsRecently, the State Secretary for Social Affairs and Employment has explicitly stated that this was never intended.NetherlandsEmployment and HRDe Brauw Blackstone Westbroek
ArticleAdvocate General: Splitsingswet Not In Conflict With EU LawThis legal alert describes the Advocate General’s advice to the Supreme Court that the ‘Splitsingswet’ is not in conflict with EU law, but still has to be assessed for compliance with ECHR (property right).NetherlandsEnergy and Natural ResourcesDe Brauw Blackstone Westbroek
ArticleAFM Starts Pilot On Fast-Track Fines For Acting As An Intermediary Without A LicenceThe pilot concerns cases involving violations of section 2:80.1 FMSA (acting as an intermediary without a licence) where the offender does not dispute the facts and legal assessment of the facts and cooperates with a fast-track processing of the case. NetherlandsFinance and BankingDe Brauw Blackstone Westbroek
ArticleFinancial Service Providers Have General Duty Of Care From 1 January 2014The Financial Markets Amendment Act 2014 is expected to take effect on 1 January 2014. It introduces a general duty of care for financial services providers, but a less extensive one than originally planned.NetherlandsFinance and BankingDe Brauw Blackstone Westbroek
ArticleOverhaul Of EU Trademark System Imminent: Draft Legislation LeakedDraft legislation by the European Commission concerning the European Trademark System was recently leaked.NetherlandsIntellectual PropertyDe Brauw Blackstone Westbroek
ArticleVestia Ordered To Produce Report Prepared By Counsel In Pending ProceedingsIn an interim judgment, the District Court of The Hague decided that a report of findings prepared by external legal counsel had to be produced to the defendants in the proceedings. NetherlandsLitigation, Mediation & ArbitrationDe Brauw Blackstone Westbroek
ArticleRoyal Philips Sells High Tech Campus Real Estate In The Netherlands To Consortium Of Private InvestorsDe Brauw Blackstone Westbroek has advised Royal Philips Electronics on the divestment and lease back of the High Tech Campus in Eindhoven, the Netherlands, to a Dutch consortium of private investors, and many related legal aspects.NetherlandsStrategyDe Brauw Blackstone Westbroek
ArticleBill Strengthening Governance Of Financial Supervisors DNB And AFMThis is the Netherlands Update for The City, an initiative of De Brauw's London officeUnited KingdomCorporate/Commercial LawDe Brauw Blackstone Westbroek
ArticleAFM Imposes Fine On CEO For Disclosure Of Inside Information During A Closed MeetingThe AFM has imposed a EUR 200,000 fine on the CEO of Schuitema for disclosing inside information in violation of the Financial Markets Supervision Act.United KingdomFinance and BankingDe Brauw Blackstone Westbroek
ArticleAnother US Court Decision Against ExtraterritorialityAnother court decision upholds that US laws do not automatically apply to foreign conduct. The decision is the latest since Morrison v National Austria Bank.United StatesConsumer ProtectionDe Brauw Blackstone Westbroek
ArticleFCPA ViolationsAllianz SE has agreed to pay USD 12,396,423 to settle charges of violating the US Foreign Corrupt Practices Act. WorldwideFinance and BankingDe Brauw Blackstone Westbroek