Most recent columns

Pim Rank: CRD VI - a ban on banking services from third countries?

Fri, 08 May 2026 10:04:50 +0200

^{This column was originally written in Dutch. This is an English translation}

The revised Capital Requirements Directive (CRD VI) makes it considerably more difficult for firms based outside the EU to provide banking services within the EU. The question is whether the proposed restrictions are proportionate.

By Prof. Pim Rank, Solicitor at NautaDutilh in Amsterdam and Professor of Financial Law at Leiden University

Pim Rank: Farewell to the bearer share

Mon, 30 Mar 2026 06:01:19 +0200

_{This column was originally written in Dutch. This is an English translation.}

Since 1 January 2026, individual bearer shares in a public limited company have been a thing of the past. Individual bearer shares that were not surrendered to the company on that date have since become nothing more than (in principle worthless) pieces of printed paper.

By Prof. Pim Rank, Solicitor at NautaDutilh in Amsterdam and Professor of Financial Law at Leiden University

Pim Rank: Euronext versus Euroclear - the winner takes it all?

Wed, 25 Feb 2026 08:59:08 +0100

^{This column was originally written in Dutch. This is an English translation.}

Euronext wants to settle transactions carried out on its stock exchanges through its own securities depository. The question is whether this will benefit the market.

By Prof. Mr. W.A.K. Rank, Solicitor at NautaDutilh in Amsterdam and Professor of Financial Law at Leiden University.

Pim Rank: Quality of Debt Collection Services Act – quality knows no time!

Wed, 17 Sep 2025 06:04:43 +0200

_{This column was originally written in Dutch. This is an English translation.}

The Quality of Debt Collection Services Act (Wki) aims to regulate extrajudicial debt collection activities in order to combat malpractice in the collection of claims. However, an exception for certain structured finance structures would be appropriate.

By Prof. Pim Rank, Solicitor at NautaDutilh in Amsterdam and Professor of Financial Law at Leiden University

Pim Rank: ESMA guidelines on reverse solicitation - towards a more level playing field?

Fri, 13 Jun 2025 11:04:06 +0200

^{This column was originally written in Dutch. This is an English translation.}

On 27 April 2025, ESMA's guidelines on the application of reverse solicitation under MiCAR entered into force. In practice, these guidelines will also determine the possibility of invoking reverse solicitation in the cross-border provision of other financial services in the EU by parties from third countries.

By Prof. W.A.K. Rank, Lawyer at NautaDutilh in Amsterdam and Professor of Financial Law at Leiden University.