Anti Money Laundering
Baker & McKenzie Amsterdam N.V. complies with the Dutch Act on the Prevention of Money Laundering and Terrorist Financing (“Wwft” in Dutch) in the registration of all clients. In this context we generally authenticate our clients, their executive managers and/or any shareholders or ultimate beneficiary owners on the basis of information from external data sources (such as the Chamber of Commerce) and on information we collect from you, including photo IDs. Client authentication may also take place in situations where the Wwft does not impose a statutory obligation to do so. In such event this is based on our client identification policy. We will mask or redact national identification numbers from copies of photo ID documents.
The discharge of any assignment shall solely be the obligation of Baker & McKenzie Amsterdam N.V. and its individual partners, counsels, associates or employees shall have no personal liability on any ground whatsoever.
Liability Insurance and Limitation of Liability
All services rendered by Baker & McKenzie Amsterdam N.V. are covered by Baker & McKenzie’s professional liability insurance. Any liability of Baker & McKenzie Amsterdam N.V., any other Baker & McKenzie office and of any of our partners, counsels, associates and employees shall always be limited to the actual amount paid under the aforementioned insurance increased with the applicable deductible.
Baker McKenzie applies a complaints procedure in line with the model of the Dutch Bar Association.
Dutch law and jurisdiction
The services of Baker & McKenzie Amsterdam N.V. are rendered subject to the laws of the Netherlands and any dispute will be settled by the courts of Amsterdam, the Netherlands, that shall have exclusive jurisdiction.