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Credit lost: a Dutch Parliamentary committee’s report on the financial crisisOn 10 May 2010, the Dutch Temporary (Parliamentary) Committee on the Inquiry Financial System (the committee), also known as the ‘De Wit Committee’ after its chairman, set up by the Dutch Parliament’s House of Representatives, ... Read more |
How to reorganise a business in the NetherlandsThe current economic situation has forced many companies to reduce costs. Such cost reductions can often only be effected by implementing important changes in the organisation (reorganisation), which most of the time leads to (collective) ... Read more |
Compliance with competition law: prevention is better than cureA sound corporate governance policy requires managing directors to guarantee compliance with competition law in the organisation. Violations can lead to penalties of millions of euros, and serious damage to the reputation of the organisation ... Read more |
Changes to corporate law in 2010Dutch corporate law needs to be modernised to make it more appealing at an international level. The Dutch Lower House adopted five legislative proposals in December 2009 that are meant to contribute to this modernisation. ... Read more |
Lessons of the economic crisisWe have gone through turbulent times. To say that the world has changed in the past year and a half would be an understatement. Revered institutions have fallen like houses of cards and once untouchable ... Read more |
Supervision and enforcement in the NetherlandsThe Netherlands has many different supervisory authorities, including the General Inspection Service, the Health and Safety Inspectorate, the Netherlands Authority for the Financial Markets, the Netherlands Consumer Authority, De Nederlandsche Bank (the Dutch central bank), ... Read more |
State aid risks involved in real estate transactions and public-private partnershipsPrivate undertakings that engage in commercial transactions with public authorities located in the EU should be more aware of the risk of unlawful state aid. This is especially true for construction or development companies, as ... Read more |
Distributing dividends in the NetherlandsSeveral questions arise when your Dutch subsidiary distributes dividends. Below we set out numerous issues, on a non-exhaustive basis, that have to be addressed in the process of distributing dividends.GeneralDutch law provides great freedom regarding ... Read more |
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