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Articles by Bas Vletter
Dutch House Of Representatives Approves Proposed ACM Merger Control Call-In Power
The Dutch House of Representatives (‘Tweede Kamer’) has approved legislation (‘Wet inroepbevoegdheid ACM’, 36.774) that would give the Netherlands Authority for Consumers and Markets (ACM) the power to review and potentially prohibit certain mergers and acquisitions that fall below the existing Dutch merger control turnover thresholds.
Dutch House of Representatives Approves Proposed ACM Merger Control Call-In Power
The Dutch House of Representatives (‘Tweede Kamer’) has approved legislation (‘Wet inroepbevoegdheid ACM’, 36.774) that would give the Netherlands Authority for Consumers and Markets (ACM) the power to review and potentially prohibit certain mergers and acquisitions that fall below the existing Dutch merger control turnover thresholds.
EU Listing Act: Simplifying a Stock Exchange Listing, in Particular for SMEs and UK Prospectus Reform
INTRODUCTION The EU Listing Act and UK Prospectus Reform are two different legislative reforms with a common goal: making public capital markets in the UK and EU more accessible and attractive for companies of all sizes, including small- and medium-sized enterprises, seeking to raise capital and list on a stock exchange by reducing the costs and administrative burden of a public listing, whilst maintaining market integrity.
How Dutch Companies Are Responding to the Gender Diversity Requirement for Supervisory Boards
The Dutch Senate’s act on gender diversity in Dutch company boards (the Act) took effect 1 January 2022. One of the Act’s provisions implements an appointment quota for supervisory boards, or non-executive directors in a one-tier model, of Dutch-listed companies to ensure that men and women each hold at least one-third of the seats on the supervisory board. Any appointment after 1 January 2022 that does not contribute to a more balanced gender ratio is null and void.
How Dutch Companies Are Responding to the Gender Diversity Requirement for Supervisory Boards
The Dutch Senate’s act on gender diversity in Dutch company boards (the Act) took effect 1 January 2022. One of the Act’s provisions implements an appointment quota for supervisory boards, or non-executive directors in a one-tier model, of Dutch-listed companies to ensure that men and women each hold at least one-third of the seats on the supervisory board. Any appointment after 1 January 2022 that does not contribute to a more balanced gender ratio is null and void.
Dutch Investment Review Act Passes Dutch House of Representatives
On April 19, 2022, the proposed Dutch Investment Review Act (Wet veiligheidstoets investeringen, fusies and overnames) (Act) passed the Dutch House of Representatives (Tweede Kamer) with 148 out of 150 votes in favor. The Act aims to protect Dutch national security by introducing a test for acquisition activities resulting in a change of control (as defined in the Dutch Competition Act) over vital providers, or companies active in the field of sensitive technology.
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