Expertise/Financial Markets
& Regulation
Financial Markets & Regulation
Financial Services Industry experts
... advising financial firms on complex matters driven or affected by the supervision and regulation of the financial services industry. We:
- assist large national and international groups of banks, insurance companies, investment firms and other financial firms involved in complex M&A and capital markets transactions;
- advise on securities offering rules, the listing and trading of financial instruments, market abuse issues, and financial market infrastructures as experts in market regulation; and
- provide expertise for financial firms on all elements of licensing; governance and the structure of business operations; the structuring of financial services and products; regulatory capital issues and compliance with other rules of prudential supervision; and recovery and resolution.
Our experts are actively involved in legislative processes and, as lecturers and speakers, also contribute to the academic development of the supervision and regulation of the wider financial services industry.
Our AML practice group provide specialist advice on Anti-Money Laundering (AML) legislation, the implementation of AML in policies and agreements and on dealings with regulators.
Recent Matters
19 August 2025
De Brauw advises Rabobank on termination of Rabobank Certificates administration
De Brauw has acted as lead counsel to Rabobank on the termination of the administration of the Rabobank Certificates, aimed at simplifying the legal structure of its CET1-capital instrument: the Rabobank Certificates. Previously, Stichting AK Rabobank Certificaten held the Rabobank Certificates (formerly known as: participations) issued by Rabobank, and issued corresponding certificates to investors. On 26 June 2025, the participations were renamed to "Rabobank Certificates" and the corresponding certificates were exchanged for the Rabobank Certificates on a one-for-one basis. As a result, former holders of the certificates now directly hold the Rabobank Certificates and the corresponding certificates have been cancelled.
30 June 2025De Brauw advises Rabobank on the termination of the administration of the Rabobank Certificates
De Brauw has acted as lead counsel to Rabobank on the termination of the administration of the Rabobank Certificates, aimed at simplifying the legal structure of its CET1-capital instrument: the Rabobank Certificates. Previously, Stichting AK Rabobank Certificaten held the Rabobank Certificates (formerly known as: participations) issued by Rabobank, and issued corresponding certificates to investors. On 26 June 2025, the participations were renamed to "Rabobank Certificates" and the corresponding certificates were exchanged for the Rabobank Certificates on a one-for-one basis. As a result, former holders of the certificates now directly hold the Rabobank Certificates and the corresponding certificates have been cancelled.
22 May 2025De Brauw advises Achmea on EUR 1.5 billion pension buy-out of FrieslandCampina
De Brauw advised Achmea Pensioen & Levensverzekeringen N.V. on expanding its existing pension services to FrieslandCampina through a buy-out.
“With a good knowledge base, the team is composed such that on any subject service can be delivered instantly. Integration of law, regulation, network and governance is a strength.”
Insights
27 November 2025
Omnibus proposal on sustainability: EU bodies inch towards final agreement
On 13 November, the European Parliament adopted its final position on the "Omnibus proposal" for a directive concerning certain corporate sustainability reporting and due diligence requirements. This came five months after the Council of the EU confirmed its negotiating position on the proposal.
25 September 2025Our FY 2025 annual reporting checklist for Euronext Amsterdam-listed NVs
Annual reporting in the Netherlands is subject to extensive disclosure requirements, with rules being scattered across various legal sources and undergoing regular change. To make this complex legal framework more accessible, we have prepared a checklist that can be used for annual reporting relating to financial years that started on 1 January 2025.
25 September 2025CSRD implementation: state of play
On 12 September 2025, the Dutch State Secretary for Justice and Security submitted a revised draft CSRD implementing decree to both the House of Representatives and the Senate. The draft decree has been amended to incorporate the CSRD-related provisions of the “Stop-the-Clock” Directive, which postpones the application of current CSRD requirements for the "second wave" and "third wave" of companies by two years, from financial year 2025 to financial year 2027. The Stop-the-Clock Directive needs to be implemented by 31 December 2025, while the CSRD itself should have been implemented already. For further background on the Stop-the-Clock Directive, see our April 2025 article and our flowchart.
