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Clifford Chance

Clifford Chance
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Material changes in Dutch Securities Book-Entry Transfer Act

22 February 2011

On 1 January 2011 material amendments to the Securities Book-Entry Transfer Act (Wet giraal effectenverkeer; "WGE") came into force. The WGE deals with the holding and transferring of securities held through intermediaries. The WGE constitutes a legal basis for the book-entry transfer of securities and provides protection for investors against the risk of an intermediary's insolvency.

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