The Netherlands arm of Friends of the Earth, Milieudefensie, has filed a climate lawsuit against financial services group ING, calling on it to halve its carbon emissions.
Read MoreThe International Corporate Governance Network (ICGN), has written to the Dutch Economic Ministry and to the Dutch House of Representative’s economic affairs committee to express its significant concerns relating to the new legislation regarding takeover bids in the Netherlands. This was outlined in a letter of Minister Kamp to the Chair of the House of Representatives […]
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The Dutch corporate governance code monitoring committee has published a revised corporate governance code for the Netherlands replacing its previous 2008 code. The revisions follow earlier consultation and were at the request of Dutch company bodies, trade unions and shareholder organisations. The key changes relate to long-term value creation and the introduction of ‘culture’ as a component of […]
Read MoreProbably the most un-noticed consequence of the battle around the ill-fated Royal Bank of Scotland acquisition of ABN-AMRO has been the subsequent limitation of shareholders’ rights in the Netherlands. At the start of July a number of significant amendments Dutch company law were introduced which will make it significantly harder for shareholders to table their […]
Read MoreThe Netherlands Bankers’Association (Nederlandse Vereniging van Banken or ‘NVB)’, has published a provisional banking code which is in response to the report entitled ‘Restoring Trust’ (‘Naar herstel van vertrouwen’), which was published by the Advisory Committee on the Future of Banks (Adviescommissie Toekomst Banken) on 7 April 2009. The recommendations from chapters 1 and 2 […]
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