The Legal 500 Country Comparative guide on employment and labour law

The Legal 500 Country Comparative Guide offers a roadmap through the complex legal landscape that impacts the daily operations and workplace rights. Understanding these laws is essential for navigating the challenges of the modern workplace, ensuring compliance, and fostering a harmonious work environment.

Joint Approach to Money Laundering by Dutch Banks Under Fire!

Banks are obliged under Dutch (and European) law (the Prevention of Money Laundering and Terrorist Financing Act, “Wwft”) to monitor all financial transactions of their customers for possible criminality. But the big Dutch banks’ joint money laundering approach undermines European legislation (AMLR) and must stop.

Navigating the Waters of Director’s Personal Liability and Its Inheritance: A Legal Perspective

Personal liability for a company’s debts can now be inherited. A director’s personal liability for a company’s outstanding debts does not simply disappear on death. Instead, this responsibility is transferred to the director’s heir(s).
Strategic decision-making, transparency and the need for comprehensive legal and financial preparation are of great importance to anyone involved in or connected to the business sphere. Understanding these dynamics and preparing for their implications is crucial for both protection and forward planning.

B20 Summit – New Delhi 25-27 August 2023

This year, Edith Nordmann, ACG International’s Managing Partner, was invited to be the Dutch member of the Task Force Future of Work, Skilling and Mobility under the Business 20 (B20 (of the G20 2023)). Edith Nordmann attended the B20 Summit meeting with approximately 100 esteemed professionals from around the world specialised in the field of employment.

AML – How a small financial institution can be as compliant as a bank

The compliance legislation seems unambiguous – but that is not quite right. The purpose of the rules is clear – but the nuances make the correct application of the rules challenging in practice.
Compliance laws and regulations cannot be adapted for smaller financial institutions, but the way smaller institutions deal with them can.