T +31 (0)20 767 01 80

M +31 (0)6 27 42 18 74
pim.smith@finnius.com

Pim Smith

Senior Associate

Pim advises a broad range of market participants on various regulatory frameworks within Dutch and European financial supervisory law. He makes complex regulations accessible and translates them directly into practice.

His advisory work focuses in particular on integrity legislation — the Dutch AML Act (Wwft), the Dutch Act on the Supervision of Trust Offices 2018 (Wtt 2018) and the Dutch Sanctions Act (Sw) — and on parties active in the asset management sector. He assists clients operating under AIFMD, UCITS and/or MiFID II with the practical application of those frameworks.

In addition, Pim has extensive experience in enforcement cases involving the AFM and DNB. That experience gives him insight into how supervisory authorities operate and what works in practice. This makes him a trusted advisor for both established financial institutions and startups.

Activities:

  • Advising various types of financial institutions on the scope and application of the Dutch AML Act (Wwft) and the Dutch Sanctions Act, including drafting/reviewing of various policy documents
  • Conducting Wwft audits
  • Assistance with thematic investigations or targeted investigations by the AFM and DNB in the area of integrity legislation (Wwft, Wtt 2018 and the Sanctions Act)
  • Litigating on the interpretation of various rules under the Wtt 2018, the Wwft and the Sanctions Act
  • Advising on, and assisting with, acquisitions in the financial sector
  • Advising on the application of AIFMD, UCITS and/or MiFID II in day-to-day practice
  • Advising on conditions of the AIFMD light regime / AFM registration regime
  • Assisting with the registration of Venture Capital Funds (EuVECA) with the AFM
  • Drafting internal policies and procedures regarding, for example, incidents, conflicts of interest, outsourcing, the banker’s oath and the SIRA for various types of financial undertakings

Pim studied at the University of Leiden, where he successfully completed a master’s programme in Financial Law (LL.M) in 2018. During his studies, Pim has, inter alia, been affiliated with the Hazelhoff Center for Financial Law as a research assistant. Before his admission to the Dutch Bar in August 2019, Pim worked at Finnius as a paralegal.

Work experience

  • Finnius, October 2017 –  present
  • Advising various types of financial institutions on the scope and application of the Dutch AML Act (Wwft) and the Dutch Sanctions Act, including drafting/reviewing of various policy documents;
  • Conducting Wwft audits;
  • Assistance with thematic investigations or targeted investigations by the AFM and DNB in the area of integrity legislation (Wwft, Wtt 2018 and the Sanctions Act);
  • Litigating on the interpretation of various rules under the Wtt 2018, the Wwft and the Sanctions Act;
  • Advising on, and assisting with, acquisitions in the financial sector;
  • Advising on conditions of the AIFMD light regime / AFM registration regime;
  • Assistance with registration of a Venture Capital Fund (EuVECA) with the AFM;
  • Drafting internal policies and procedures regarding, for example, incidents, conflicts of interest, outsourcing, the banker’s oath and the SIRA for various types of financial undertakings.