The Dutch and UK Deliveroo rulings show that similar scenarios can have vastly different outcomes in different jurisdictions. Entrepreneurs planning to expand internationally must be mindful of the variances in legal frameworks and regulations across borders. A lack of preparation for international expansion can lead to costly setbacks rather than successful growth.
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.
Wwft continues to occupy minds. The court overturns DNB’s earlier decision that founders of DeGiro are untrustworthy dismissing much of the evidence. At issue are six facts presented by DNB, which, by court order, may now not be used to prove any untrustworthiness of DeGiro’s founders.
The Prevention of Financing of Terrorism Act (Wwft) has a risk-based approach that requires institutions themselves to assess the relevant risks of a client and then put in place sufficient mitigating measures in return. Banks and financial institutions have armies of employees dealing with KYC and CDD on a daily basis. Where do you stand?
Edith Nordmann, Managing Partner & Attorney at Law at ACG International, was felicitated with the “Outstanding Leadership Award” at the Law 2.0 Conference for her exceptional contributions to the global legal sector. She was recognized before established industry professionals at the InterContinental, Dubai Festival City, UAE, on December 16–18, 2022.
Her exceptional contributions to the legal sector paved her way to receiving global recognition at the Law 2.0 Conference.
EU Businesses working in Switzerland – how to make your project profitable, without being confronted with expensive fines once you are back home
Performing projects in Switzerland can be very interesting to international companies, especially since it’s generally well paid. However Switzerland is not a member of the European Union (EU) and therefore different rules apply.
The United Arab Emirates (UAE) is a federation of seven emirates (Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain) located along the eastern side of the Arabian Peninsula.
The German population is more than 83 million. And yet the German is not really mobile within the country. There is a strong attachment to the region itself. Germany has 16 provinces (‘Bundesländer’) and each Bundesland has its own particularities – also in terms of industry or business preferences.
Edith Nordmann is managing partner at ACG International. Prior to that she has worked for fifteen years as an attorney for international clients. In this interview we meet her.
After seven years of negotiations, Switzerland pulled the plug on 26 May 2021 of years of efforts to sign a historic partnership agreement with the EU. Due to ‘substantial differences on some key aspects’, further talks make no sense, according to the Swiss.