The Dutch National Bank (DNB) scolded – founders DeGiro can be trusted
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.
bunq-ruling & The Prevention of Money Laundering and Terrorist Financing Act
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 honoured with Outstanding Leadership Award
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.
Doing business in Dubai and the United Arab Emirates – what to look out for?
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.
Doing business in Germany – what do you need to consider?
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.
A conversation with Edith Nordmann, Managing Partner
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.
No EU-Switzerland cooperation deal – what are the consequences?
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.
Brexit – why do you have to worry and what should you do?
The United Kingdom (UK) will leave the European Union’s (EU) single market and customs union on 31 December 2020. The end of the transition period will affect citizens, businesses and travel to and from the EU and the UK.
Please note! This means that from 1 January 2021 customs formalities will have to be completed for trade with the UK. If you do nothing, this is guaranteed to block your business.
The Netherlands Commercial Court: what is it and why should you consider it as an alternative to other courts?
The Netherlands Commercial Court (the NCC) is a new international forum for resolving complex commercial disputes based in Amsterdam that opened its doors on January 1, 2019. In such a brief period of time, the court has already become an attractive alternative to other international courts, where proceedings are conducted in English and foreign-trained attorneys can actively participate.