Netherlands: Financial Services

Developed in the US since 2016 and now a relatively common phenomenon in the US, liability management exercises (LMEs) are making their way into European debt structures.

The revised European Market Infrastructure Regulation (EMIR 3), which came into effect on 24 December 2024, aims to enhance the transparency, stability, and safety of the financial markets within the EU.

Electronic bills of lading (eBLS) have been gaining traction in the international markets, and trade commodity financiers are increasingly recognizing eBLs as valid collateral. The need for a secure and paperless way to manage cargo information in today's markets is obvious, and eBLs seem to answer that need. But is there a downside?