Financial sector
The financial sector is currently receiving a great deal of attention in the media. The functioning of financial corporations is not only under media scrutiny, but also supervisory bodies such as the AFM (the Netherlands Authority for the Financial Markets) and the DNB (the Dutch central bank). Financial institutions are faced with a large amount of rapidly changing national and international regulations related to the oversight of prudential conduct and good governance. As a result of the increase in regulation, banks and insurance companies have had to reorganise and new players, such as credit unions, crowd funding platforms and investment funds, have emerged in the financial sector. This has led to an expansion in the range of different financial products.
Furthermore, because achieving economies of scale is also necessary in the financial sector to generate turnover and profitability, and because alliances offer new opportunities, mergers and takeovers regularly occur. This means that asset managers, hedge funds and investment companies will join forces more often. The challenge in this playing field is to seize new opportunities and to implement complex legislation as efficiently as possible in an organisation.
Our knowledge of the organisation of financial institutions, products, developments and structures enables us to form a bridge between financial companies and their clients and investors. We can also represent the different interests of these parties effectively.
Do you need legal advice about liability and insurance law, mergers and acquisitions or other fields of law relevant to the financial sector? Do you need help, for example, to implement an internal procedure in your organisation or an external documentation process? Or would you like us to co-assess the goal, use, suitability and costs of a financial service? We have the specialists in house who are able to combine their strengths and competencies in different fields of law to provide you with expert assistance.