ArticleCold Storage Companies Froze Competition With Premature Merger DiscussionsThe Dutch Authority for Consumers and Markets imposed a fine of EUR 12.5 million on four companies in the cold storage industry. NetherlandsAntitrust/Competition LawDe Brauw Blackstone Westbroek
ArticleCommission Fines Producers Of TV And Computer Monitor Tubes EUR 1.47 Billion For Two Decade-Long CartelsThe European Commission has fined seven international groups of companies a total of EUR 1,470,515 000 for participating in either one or both of two distinct alleged cartels in the sector of cathode ray tubes.NetherlandsAntitrust/Competition LawDe Brauw Blackstone Westbroek
ArticleAFM And Financial Reporting: Remuneration Review And Increased Clarity On Application Of "Materiality" In Annual AccountsThe AFM has concluded in its recent remuneration review that in their 2010 reports more companies explain remuneration in the form of shares or options, but that transparency in financial reporting can be improved on several points. In 30% of cases, there is no information on the granting of shares or share options to managing directors.NetherlandsCorporate/Commercial LawDe Brauw Blackstone Westbroek
ArticleFranchisor Also Exposed To Liability In Case Of Negligent ForecastsThe Dutch Supreme Court has slightly amended the liability regime for franchisors in cases of incorrect forecasts.NetherlandsCorporate/Commercial LawDe Brauw Blackstone Westbroek
ArticleInstitutional Investor Organisation Eumedion Mainly Positive About 2015 AGM SeasonIn its annual evaluation of the AGM season, Eumedion noted that major shareholders are increasingly represented on supervisory boards.NetherlandsCorporate/Commercial LawDe Brauw Blackstone Westbroek
ArticleAFM Issues Fine For Market Manipulation (Homburg)On 21 December 2011, the AFM imposed a EUR 96,000 fine on Mr Homburg, a former director of Homburg Invest, a real estate fund in distress. NetherlandsCriminal LawDe Brauw Blackstone Westbroek
ArticleThe Netherlands To Join Joint FATCA StatementThe US Foreign Account Tax Compliance Act ("FATCA") will come into force on 1 July 2013. In sum, FATCA determines that all financial institutions worldwide will have to pass information about US clients to the US tax authorities. NetherlandsCriminal LawDe Brauw Blackstone Westbroek
ArticleSinds 1 Juli 2017 Geldt Diplomaplicht Voor Advisering Over Een Algemeen PensioenfondsMet ingang van1 juli 2017 hebben medewerkers van financiële dienstverleners een Wft-diploma nodig om advies te mogen geven over een algemeen pensioenfonds.NetherlandsEmployment and HRDe Brauw Blackstone Westbroek
ArticleSupreme Court Agrees With Whistle-BlowerOn 26 October 2012, the Dutch Supreme Court agreed with a whistle-blower of the Theodoor Gillissen Bank about when a person may communicate internal issues to a customer. NetherlandsEmployment and HRDe Brauw Blackstone Westbroek
ArticleEnergy Law In Brief – New Case Law, Regulation And Articles – January 2015Energy law in brief lists recent developments in Dutch and European energy law (in Dutch only).NetherlandsEnergy and Natural ResourcesDe Brauw Blackstone Westbroek
ArticleBill Submitted On Bank LevyIn December 2011, the Minister of Finance submitted a Bill introducing a bank levy. NetherlandsFinance and BankingDe Brauw Blackstone Westbroek
ArticleMarket Manipulation And Accepted Market PracticesThe Accepted Market Practices Regulation FMSA came into effect on 13 May 2011. NetherlandsFinance and BankingDe Brauw Blackstone Westbroek
ArticleIBA Arbitration Guide: Law And Practice Of Arbitration In More Than 30 Jurisdictions WorldwideThe IBA Arbitration Committee has prepared a guide to the law and practice of arbitration in more than 30 countries around the world. NetherlandsLitigation, Mediation & ArbitrationDe Brauw Blackstone Westbroek
ArticleUS Charges 3 Swiss Bankers In Tax Evasion CaseOn 3 January 2012 three Swiss bankers working for Switzerland's oldest bank, Wegelin & Company, were charged with tax evasion by US prosecutors in Manhattan. WorldwideFinance and BankingDe Brauw Blackstone Westbroek
ArticleProgress Report Shows EU Likely To Achieve 20% Renewables Goal In 2020The European Commission has published a report on the progress of renewable energy in the European Union.European UnionEnergy and Natural ResourcesDe Brauw Blackstone Westbroek
ArticleEU Banking Reform Package: New Capital And Loss-Absorption RequirementsOn 23 November 2016, the European Commission published proposals for the completion of the banking regulation reform that was initiated after the financial crisis. European UnionFinance and BankingDe Brauw Blackstone Westbroek
ArticleKnow Your Algorithms – Or Pay The PriceCompanies should be on their toes when using software tools such as pricing or monitoring algorithms that check and adjust prices automatically.NetherlandsAntitrust/Competition LawDe Brauw Blackstone Westbroek
ArticleTo Settle Or Not To Settle: All Bets Off In Cartel CasesLosing out on the 10% fine reduction in return for settling isn't the only risk when pulling out of settlement negotiations with the European Commission.NetherlandsAntitrust/Competition LawDe Brauw Blackstone Westbroek
ArticleTrends I Number Of Dutch IPOs In 2015/2016 Exceed ExpectationsDuring the financial crisis and the following years, the number of IPOs in the Netherlands was limited.NetherlandsCorporate/Commercial LawDe Brauw Blackstone Westbroek
ArticleFinality When Settling Mass ClaimsDaan Beenders, Andries Polkerman and Wouter Hofstee have written an article, published in "Maandblad voor Vermogensrecht", focusing on an issue that can be relevant in settlement discussions; ...NetherlandsLitigation, Mediation & ArbitrationDe Brauw Blackstone Westbroek