The Digital Operational Resilience Act (DORA) has entered into force in January 2023 and will apply from 17 January 2025 onwards.
As January 2025 is fast approaching, the Dutch Central Bank (De Nederlandsche Bank, DNB) is organising two seminars in October 2024 which aim to answer any questions the financial
In its newsletter of 30 August 2024, the Dutch Authority on the Financial Markets (Autoriteit Financiële Markten, AFM) reminds Dutch market parties that the European Securities and Markets Authority (ESMA) has published consultation packages regarding the review of the Markets in Financial Instruments Regulation (MIFIR) and the second Markets in
The Supervisory Review & Evaluation Process (SREP) is a periodic survey that investment firms need to complete. In 2023, the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, AFM) sent two questionnaires to approximately 250 investment firms and has now published generic results of that survey.
The results of
The Corporate Sustainability Reporting Directive (CSRD) will come into effect for large listed companies for the 2024 financial year. According to the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, AFM) an important part of the CSRD is the double materiality analysis. The aim is to demonstrate what effect
As the deadline of 17 January 2025 for the Digital Operational Resilience Act (DORA) approaches, financial undertakings must intensify their efforts to meet its stringent requirements. Both the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, the AFM) and the Dutch Central Bank (De Nederlandsche Bank, DNB
In the first episode of the Global Investigations Podcast Series, Andrew Reeves (Partner, Investigations, Enforcement and Compliance team, London) is joined by Ruth Cowley (Head of Disputes and Investigations, London), Keith Rosen (Head of Risk Advisory, US) and Sharon Oded (Head of Investigations, Amsterdam) to discuss the early stages of an investigation; best practice in
Introduction
Whistleblowing is on the rise – both within organisations and to authorities. An increase in whistleblowing is positive: it shows employees feel able to speak up, allows issues to be escalated, investigated and where necessary remediated. However, the increase in whistleblowing also presents challenges for companies to ensure that they are dealing effectively and
The European Parliament elections took place between 6 and 9 June 2024. While the results are still coming in, the provisional data indicates that even though the traditional parties have retained their majority in the hemicycle, the more radical groupings on the right have gained more ground. This is in line with opinion polling carried
On 15 May 2024, the Eurogroup issued a statement on the follow-up to the Eurogroup agreement on the future of the Capital Markets Union (CMU).
In March 2024, the Eurogroup agreed on a statement of the future of the CMU and today’s statement marks the first step towards its delivery. The endorsement by
From 22 to 25 April 2024, the European Parliament (Parliament) held is final plenary sessions before the Parliament elections taking place on 6-9 June 2024. During this session, the Parliament plenary adopted a large number of important financial services-related legislative proposals. This note provides an overview of these proposals, their main contents, as