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De Brauw Blackstone Westbroek

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Template for Fiduciary Management Agreements

Netherlands - January 26 2009 At the request of DUFAS (the Dutch Fund and Asset Management Association) and OPF (the Dutch Association for Company Pension Funds) De Brauw has drafted a template Fiduciary Management Agreement, which is based on The DUFAS Principles of Fiduciary Management, which were published on 13 November 2008

China criminalises the bribery of foreign officials

China - June 1 2011 The Eight Amendment of the PRC Criminal Law (the "Amendment"), recently adopted by the Standing Committee of the National People's Congress of the People's Republic of China, adds a paragraph to article 164 that prohibits giving money or property to an official of a foreign government or international public organisation with the purpose to obtain unjustified commercial benefits

Dutch Supreme Court ruling in ASMI: no duty to mediate for supervisory boards

Netherlands - July 15 2010 The Dutch Supreme Court has ruled on the position of the managing board and the supervisory board (SB) vis-à-vis activist shareholders

Resource Guide to the US Foreign Corrupt Practices Act revised

USA - September 9 2015 The Resource Guide to the U.S. Foreign Corrupt Practices Act has recently been revised for the first time by the U.S. Department of Justice and the

.中国(".china") domain names available for registration

China - December 12 2012 As of 29 October 2012, the domain name ".中国" (i.e. China in Chinese characters) is available for separate public registration with Latin alphabets, Arabic numerals, a combination of the two andor inserting a hyphen

Financial Markets in brief - new regulation and other developments

European Union, Netherlands - May 11 2016 There have been many developments in national and European financial markets regulation during the past month. Among other things, the Minister of

Settlements in brief: SEC probe against Las Vegas Sands ends in USD 9 million settlement

USA - May 11 2016 Criminal and supervisory authorities regularly settle enforcement actions. In light of these developments, we advise companies to take appropriate

Companies that self-disclose may get mitigation credit under new DOJ pilot

USA - May 11 2016 The U.S. Department of Justice recently announced an enhanced strategy for enforcement under the Foreign Corrupt Practices Act. One of the three

Debate continues on US judges’ authority to scrutinise DPAs

USA - May 11 2016 A US court of appeals on 5 April 2016 set aside a US federal judge’s decision to reject a settlement between the Department of Justice and Fokker

Supreme Court issues judicial interpretation on China’s new anti-bribery law

China - May 11 2016 Two judicial agencies in China, the Supreme People’s Court and the Supreme Procuratorate, jointly issued a judicial interpretation in April 2016