Financial Supervision

“The Financial Supervision team will help you with all your financial questions”

The Dutch Financial Supervision Act (Wet op het Financieel Toezicht (“Wft”) and the regulations based on it are extensive and subject to regular amendment. The Financial Supervision team of Kennedy Van der Laan keeps a close eye on developments, so that future rules and regulations can be anticipated in a proper and fast way. The team can also help you with questions such as: which financial rules do I have to comply with? How do I deal with the Dutch Central Bank (DNB) and the Dutch Authority for the Financial Markets (AFM)?

Financial Supervision in Insurance and Liability

Some attorneys of the Financial Supervision team have previously worked in the insurance sector. They know this world from inside out and have the necessary legal and practical knowledge regarding insurers, insurance brokers and intermediaries, equity-linked insurances, investment funds and outsourcing.

Financial Supervision in Banking & Finance

The Financial Supervision team advises banks on general financial matters such as guarantees, bonds, letters of credit, cash pooling arrangements, payment transactions, security issues and other general banking matters.

In addition, the Financial Supervision team is specialized in securities law and procedural administrative law, so that any additional expertise required is always close at hand.

Chambers Europe 2017 – Banking & Finance – Band 5

What the team is known for Handles asset-based lending and investment grade facilities on a domestic and international basis. Acts for Dutch, European and global banks on banking litigation and maintains keen insight into FinTech industries and innovative payment services.

Strengths “The team provides quality advice and is able to work well in a cross-border transaction.”

“The team is very sector-focused and spots developments in the market.”

Work highlights Acted for Barents International on a EUR90 million facilities agreement arranged by ABN AMRO and ABN AMRO Commercial Finance.

Acted for Cortland Capital Market Services as Dutch counsel on a USD33 million senior secured term loan facility agreement.

Notable practitioners

Joris van Horzen handles FinTech and payment services as well as finance transactions. Sources view him as “responsive, practical and in tune with the concerns of banks. He is adept in articulating the distinctions between Dutch and US law.” He acted for Brand Loyalty Group on a EUR125 million facility agreement arranged by Deutsche Bank and ING.

Significant clients RBS, Silicon Valley Bank, Raiffeisen Bank International, HSH Nordbank, Rocket Internet.


Chambers Europe 2016 – Banking & Finance – Band 5

What the team is known for Solid firm with an active banking and finance practice, noted for asset finance, syndicated lending and payment services matters. Also active in banking litigation, and has a strong focus on financial technology.

Strengths (Quotes mainly from clients)

“Kennedy Van der Laan offers sound, high-quality legal advice. It has great sector knowledge and very capable lawyers.”

Work highlights Assisted RBS with a EUR150 million revolving credit facility agreement for Colt Group.

Assisted Cortland Capital Market Services with a USD33 million senior secured term loan facility agreement for Colt Defense.

Notable practitioners 

Clients describe Joris van Horzen as a “hands-on lawyer with a sharp mind,” adding: “He understands the relationship between Dutch and US law and is able to articulate the differences.”

Significant clients Silicon Valley Bank, Raiffeisen Bank International, HSH Nordbank, Syntrus Achmea, Rocket Internet.


Legal 500 EMEA 2016 – Commercial Lending – Tier 4

The ‘pragmatic’ team at Kennedy Van der Laan is ‘very responsive and commercial in its approach’. 2015 saw the arrival of financial regulation expert Jan Broekhuizen from Boekel. Senior associate Joris van Horzen ‘is definitely a star’.


Kennedy Van der Laan Launches Microsite for Expert GDPR Support

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New State of Affairs in Investment-Linked Insurance File: Courts and Kifid on a Different Course

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The Legal 500 Rankings 2017

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13 april 2017 

Chambers and Partners Europe Rankings 2017

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13 april 2017 

Update Crowdfunding: AFM Demands Improvement Provision of Information

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25 january 2017 

Renewed General Banking Conditions Easier to Fathom

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28 november 2016 

Kennedy Van der Laan Only Non-British Firm Nominated for The Lawyer Business Leadership Awards 2016

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27 june 2016 

eBook FinTech The Latest (Legal) Developments

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20 may 2016 

Amendment of Exemption Regulation Wft; Continuation of Current Crowdfunding Practice

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19 april 2016 

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07 december 2015 

Jan Broekhuizen Financial Regulatory Partner at Kennedy Van der Laan

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21 may 2015 

Bill for Supervision of Credit Unions: Life Buoy for SMEs?

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19 november 2014 

Annual report The Netherlands Authority for the Financial Markets Indicates a Tendency for More Informal Enforcement of the Financial Supervision Act

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14 may 2013 

Council of State Rules on Expropriation of SNS Bank; a Brief Analysis

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27 february 2013 

Amendments to the Act on the Prevention of Money Laundering and Financing of Terrorism as of 1 January 2013.

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21 february 2013 

New Judgment of the Dutch Supreme Court Regarding Collective Deed of Pledge

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18 february 2013 

Privilege and right of Attachment of Tax Authorities Reinforced as of 1 January 2013

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15 january 2013 

Can KLM's Decision to Reserve Profits Be Upheld in View of the Interests of the Minority Shareholders?

JOR 2012/6 Court of Appeal of Amsterdam, 15 November 2011 On 15 November 2011 the Court of Appeal of Amsterdam rendered a judgment in a dispute...

28 march 2012 

Further Restraints on Executive Compensation

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28 february 2012 

Duty of Care of Banks Towards Third Parties, Help For Practice

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31 january 2012 

New Late Payments Directive

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06 december 2011 

Payment Service Providers and Payment Service Agents Take Care: Wwft Scope Has Been Extended!

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28 october 2011 

Recent Developments in Company Law

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30 september 2011 

Application and Scope of CDD Regulations in Practice

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30 june 2011 

Incorporating a BV and NV Made More Simple as of 1 July 2011

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27 may 2011 

The Termination of a Bank Guarantee in order to Lift an Attachment; the Importance of Careful Formulation

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29 april 2011 

Regulation on Restrained Remuneration Policies Dutch Financial Supervision Act 2011

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Consumer Credit Directive Implemented in the Netherlands: Important consequences for Suppliers of Consumer Credit

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Supervision of Credit Rating Agencies

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Directors' Liability and Indemnification

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ICGN Yearbook 2006 - Corporate Governance in Asia

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ICGN 2006 Yearbook - Corporate Governance Policy Reform in China - An Update

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Joost Achterberg

Joost Achterberg

Attorney at law, Counsel

  • Joost Achterberg Attorney at law, Counsel +31 20 5506 826
  • Joris van Horzen Attorney at law, Partner +31 20 5506 655
  • Frits van der Woude Attorney at law, Executive Board, Mediator, Partner +31 20 5506 879
  • Jan Broekhuizen Attorney at law, Partner +31 20 5506 629