Categorie archief: Banking

Continued: new prevailed direction in the profiteering policy disputes?

In the beginning of this year, we posted a blog concerning the duty of disclosure of information of insurers regarding profiteering policies. Our conclusion: discords between several judicial authorities bring uncertainty to the position of insurers in the profiteering policy conflicts. We anticipated that the coming judgements might eliminate this uncertainty. What happened in the …

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European Court of Justice awards credit institutions home-field advantage

On 15 June 2017 the European Court of Justice held that disputes related to a credit agreement must be brought before the court of the state in which the credit institution is located. A credit institution can therefore bring a claim for repayment of a debt before the court of the state in which the …

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Kifid and District Court views on ‘profiteering policies’ diametrically opposed?


Within fourteen days, two different views on the duty of disclosure regarding profiteering policies were published. Opposite to the ruling of the Kifid, the District Court ruled in a similar case that the insurer had no additional duty of disclosure. This discords between the Kifid ruling and the District Court ruling bring uncertainty to the …

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Dutch Central Bank Supervision Outlook 2017

At the end of 2016, the Dutch Central Bank (De Nederlandsche Bank, “DNB“) published its Supervision Outlook 2017. This document presents DNB’s priorities related to their supervision of financial industries. Furthermore, the document identifies DNB’s view on the principal risks and challenges for the Dutch financial industry. This article summarizes the contents of DNB’s Supervision …

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Bankklanten vragen om hun persoonlijke bankbeveiligingsgegevens prijs te geven is onrechtmatig

Op woensdag 30 juli 2014 heeft de voorzieningenrechter van rechtbank Midden-Nederland geoordeeld dat AFAS Software B.V. (“AFAS”) onrechtmatig handelt jegens ING Bank N.V. (“ING”) en per direct dient te stoppen met het vragen aan ING-klanten om hun persoonlijke ING-gebruikersnaam en -wachtwoord op de website van AFAS in te vullen.

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