Zina joined the Watsonlaw team as a legal assistant in September. She brings over two and a half years of experience as a working student and paralegal and is currently pursuing a Master's degree in Law, focusing on private law, including contracts, privacy, and data...
Amsterdam, Netherlands – Watsonlaw is proud to announce that it has successfully assisted Acheron in obtaining a Markets in Crypto-Assets (MiCA) license from the Netherlands Authority for the Financial Markets (AFM). This achievement marks a significant milestone—not only is it the 5th MiCA license granted...
Following the entry into force of the Markets in Crypto-assets Regulation (MiCA), on 14 July 2023 the Dutch legislator has started a consultation on the proposal for the MiCA implementation act (Uitvoeringswet verordening cryptoactiva, the Implementation Act) and it’s explanatory memorandum (memorie van toelichting). Under...
The General Data Protection Regulation (GDPR) awards humans (data subjects) protection from violation of their privacy by misuse of their personal data. In this sense, the GDPR is a way to protect a basic human right (namely, the right to respect for family and private...
In everyday parlance it is often said that transactions executed with blockchain technology are ‘anonymous’. But how anonymous is data ‘on the blockchain’ really? What we call anonymous in everyday life can, according to the definitions from privacy legislation, be filled with personal data. And...
1. Introduction After reaching a provisional political agreement on the final text on 30 June 2022, the Markets in Crypto-assets Regulation (MiCA) was formally voted on and adopted in the plenary of the European Parliament on 20 April 2023. Subsequently, MiCA was formally signed into law...
The GDPR will soon celebrate its first lustrum. Since 25 May 2018, organisation in the Netherlands have been obliged to comply with the General Data Protection Regulation (GDPR). This is not always easy, so sometimes things go wrong. Anyone who falls victim to a GDPR-blunder...
Digitalisering in het betalingsverkeer heeft voor een ongekende dynamiek gezorgd. Contant geld wordt steeds minder gebruikt en de coronacrisis heeft dit een extra duwtje in de rug gegeven. Deze ontwikkelingen en het toenemende aantal nieuwe digitale activa dat op de markt is gekomen, deden de...
1. Introduction: Establishing the Anti-Money Laundering Authority (AMLA) has been referred to as the centrepiece of the new Anti-Money Laundering (AML) package by the EU Commission. Broadly speaking, it will promote cooperation and convergence of AML and Countering the Financing of Terrorism (CFT) practices across the...
1. Introduction: The recast of the Anti-Money Laundering Directive (AMLD) and new Anti-Money Laundering Regulation (AMLR) serve the primary purpose of the Anti-Money Laundering (AML) package to increase and facilitate cooperation between Member States in the fight against money laundering (ML) and terrorist financing (TF), while...