Representative Legal Matters
Acted as lead counsel to Delta Lloyd regarding their first ever two longevity swap transactions, with Reinsurance Group of America (RGA) and underlying longevity reserves of appr. EUR 12 billion, and to a large bank on its first major transaction in the longevity market, with the structuring and syndication of a EUR1.4 billion longevity swap deal for an insurance company.
Advised various international clients with regard to the European regulatory regimes for payment service providers and e-money institutions, including advice on PSD II, MiFID II, preparation and application for a license as payment provider with the Dutch Central Bank, payment account models, know-your-customer requirements and innovative business models.
Represented various clients on their negotiations regarding all contracts relating to their derivatives portfolios, and advised on the incorporation of ISDA agreements, the update of netting opinions in various jurisdictions and on streamlining standard documentation.
Advised various international financial institutions and corporate clients on anti money laundering compliance. This included reviewing procedures, redrafting global AML policies, advice on AML considerations in respect of centralized KYC intake procedures and banking secrecy laws.
Advised various major clients with the implementation or amendments of (cross-border) cash management and intercompany treasury solutions (including cash pools).
Advised a major bank on the transaction services documentation transformation in relation to Payment and Cash Management services in 18 jurisdictions.
Advised clients on regulatory aspects in respect of complex cross border mergers, take-overs and company emigration.
Acted as lead counsel on the unwinding of the structured products portfolio, including the valuation, of Lehman Brothers Securities N.V., Lehman Brothers (Luxembourg) Equity Finance S.A., and Lehman Brothers (Luxembourg) S.A. The combined value of the portfolios (nominal) was around EUR 30 billion.
Advised various major clients on the implementation of the Alternative Investment Fund Manager Directive, in particular with regard to licensing obligations, requirements and exemptions, and fund documentation.
Professional Associations and Memberships
- International Swaps and Derivatives Association (ISDA)
- International Bar Association
- Dutch Bar Association (NOvA)
- Amsterdam~Netherlands (2000)
- Erasmus University Rotterdam (1999)
- Erasmus University Rotterdam (1997)
Author, "To hedge or not to hedge - the future of the derivatives market" (To hedge or not to hedge; de toekomst van de derivatenmarkt), Onderneming en Financiering, 2012
Author, "Financing and derivatives; pitfalls in ISDA-documentation," (Financiering en derivaten; Valkuilen in de ISDA-documentatie), Onderneming en Financiering, 2009