What does the ban entail?
In accordance with Section 21a of the Market Abuse Decree under the Financial Supervision Act, a financial enterprise with registered office in the Netherlands must adopt effective measures to prevent it from:
- conducting or commissioning transactions for the purpose of acquiring or offering a financial instrument that has been issued by a company that produces, sells or distributes cluster munitions, or critical components of them;
- granting loans to a company as referred to in paragraph a;
- acquiring shares in the capital of a company as referred to in paragraph a that are not freely tradable.
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