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Newsletter October 2009

BANKING AND FINANCE


Banks will introduce Code of Conduct as of 1 January 2010
On 9 September the Board of the Netherlands Bankers' Association ("NVB") adopted the Banks Code (the "Code"). The Code is a form of self-regulation that will, however, be enshrined in the law (according to the "apply or explain" principle) as of 2010. The focal points of the principles in this banking code are the reinforcement of governance within banks, risk management, audit and remunerations policy (read: bonus policy). read more

EMPLOYMENT

People Aged 65 and Over and the Continue-To-Work CAO. Age Discrimination?
The Association of Continue-To-Work Employers and the union LBV have concluded a Continue-To-Work CAO, a collective bargaining agreement that only relates to employers who employ employees aged 65 and over. Is there age discrimination? read more

Non-Competition Clause Not Mentioned in Settlement Agreement - Has It Lapsed?
The employment agreement of an employee contained a non-competition clause. However, the settlement agreement that was concluded on the termination of the employment agreement contained only a confidentiality clause. Can an employer still rely on the non-competition clause in the employment agreement? read more

Extended Possibility to Offer Young People a Fixed Term Employment Contract
Cabinet intends to make a temporary amendment to Section 7:668a of the Dutch Civil Code because of the current economic crisis, in order to make it possible for employers to keep young people under the age of 27 employed for a longer fixed period of time. read more

INTELLECTUAL PROPERTY

Easier to demonstrate a Community Trademark is Well-Known 
Good news for European trademark holders: this judgment of the European Court of Justice makes it easier to rely on the wider scope of protection of a well-known Community trademark. read more

MEDIA

Attack Journalism in Tros Program Opgelicht?!
May the media express accusations without them "having been proven in court"? And may a person oppose the broadcast of the images if he was attacked with a rolling camera? read more

Listener's Contribution not Attributed to the Wereldomroep
Is the editorial staff of a radio program liable for the contents of a text message of a listener that was read aloud during the broadcast? This was the question at issue in the case between carrier Vermaas and the Wereldomroep (Radio Netherlands Worldwide). read more

PERSONAL DATA PRIVACY

Nationwide Registration of Debts System Abandoned
Sloppy payers can heave a sigh of relief: for the time being, the nationwide registration of debts system ("LIS") is off. The Dutch Data Protection Authority ("the Dutch DPA") has stated twice in an opinion that the projected manner in which this system would be processing personal data conflicts with the Dutch Personal Data Protection Act (Wet bescherming persoonsgegevens ("Wbp")). The foundation Stichting LIS that is responsible for setting up this system has stopped its activities as a result of this advice. read more

REAL ESTATE and CONSTRUCTION LAW

Squatters's Protected Right of Occupancy and Right to Inviolability of the Home!
The Dutch Supreme Court has ruled that current legislation does not contain any provision that justifies the violation of the protected right of occupancy and right to inviolability of the home, to which squatters of a building that had not been vacant for a year yet are entitled. read more

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