Netherlands: International Law

A Dutch court has ordered the confiscation of €165,826 from a company convicted of illegally exporting aircraft parts to Russian customers in violation of EU sanctions. The Rotterdam Court's ruling follows an earlier conviction and demonstrates the Netherlands' approach to calculating confiscation amounts by allowing deductible costs, ultimately seizing only the profit element rather than total revenue from the unlawful transactions.

The Rotterdam District Court has issued its decision in an appeal against a fine imposed by the Dutch...

Further to our earlier post, a payment services provider has brought a further appeal against fines imposed upon it by the Dutch National Bank.