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Tessa Penninks

Partner
Advocaat

Contact
CMS Derks Star Busmann
Atrium - Parnassusweg 737
1077 DG Amsterdam
PO Box 94700
1090 GS Amsterdam
Netherlands
Languages English, Dutch

Tessa Penninks works as an advocaat in the Banking & Finance Practice Area Group and heads the Financial Services Team of CMS Netherlands.

Tessa advises financial institutions as banks, credit providers, payment service providers, insurers, FinTech/InsurTech companies and leasing companies in the field of, among other things, financial supervision regulations, market-entry (licensing application and European Passport notification) and anti-money laundering regulations, including the contact with the regulator in this regard. In addition, Tessa is particularly involved in the preparation and review of contractual documents regarding financial products and services, leasing and securities. Tessa also advises in disputes and litigation in these areas.

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"Both Tessa and Laurens are easy-going, approachable lawyers. They are hands-on and pragmatic."

The Legal 500 EMEA, 2024

"Laurens Pronk is a pleasure to work with, and Tessa and Laurens work together efficiently."

The Legal 500 EMEA, 2024

"Tessa Penninks is always available and listens well to the ideas of others. She is open to looking for an alternative option and a joy to work with."

The Legal 500 EMEA, 2024

"We work closely with Tessa Penninks and we highly value her specific knowledge of our company structure and the business we are in. This really makes her stand out from the competition."

The Legal 500 EMEA, 2024

"The CMS financial services team is nice to work with. Laurens Pronk and Tessa Pennicks are friendly and approachable; they are a joy to work with as co-counsel."

The Legal 500 EMEA, 2024

"Tessa is incredible, it's an absolute pleasure to work with her."

Chambers FinTech Legal, 2023

"Tessa has a great understanding of the law, ranging from the history of the law and then the newest trends."

Chambers FinTech Legal, 2023

"Tessa is always looking for workable solutions and approaches within the regulatory boundaries. Very approachable person."

The Legal 500 EMEA, 2022

"Tessa is very knowledgeable and is an easy person to work with. She really pushes projects forward and remains proactive."

Chambers FinTech Legal, 2022

"Very responsive and skilled. looks for solutions and is helping to think ahead."

IFLR1000, 31st edition

Tessa Penninks is a notable practitioner.

Chambers FinTech, 2020

Memberships & Roles

  • Dutch Finance Houses Association (legal commission)
  • Holland FinTech
  • Women in financial services "Wifs"
  • Association for Financial Law (VvFR)
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Awards & Rankings

  • Chambers FinTech Legal, 2024, Ranked in FinTech Legal
  • The Legal 500 EMEA, 2024, Tessa Penninks is Recommended
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Education

  • Financing and Security, Grotius Academy for Post-Graduate Law Studies
  • Dutch Law (Economy-related Public and Company Law), Utrecht University
  • Dutch Law (Private Law), Utrecht University
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Feed

27/03/2024
CMS ranked in the Legal 500 EMEA 2024
The latest rankings of the Legal 500 Europe, Middle East & Africa (EMEA) are out. We would like to thank our clients for their trust in us and their feedback. Our lawyers are described as 'personal...
07/12/2023
CMS ranked in Chambers FinTech 2024
CMS has been ranked in the latest edition of Chambers FinTech Legal. Both co-heads of the CMS FinTech team, Clair Wermers and Tessa Penninks, are ranked as well. A big thank you to our clients for their...
15/11/2023
Cross Border Financial Regulation
How to keep pace with the ever changing landscape of regulation?
12/04/2023
CMS ranked in the new Legal 500 EMEA
The latest rankings of the Legal 500 Europe, Middle East & Africa (EMEA) are out. We would like to thank our clients for their trust in us and their feedback. Our lawyers are described as 'personal, professional...
18/10/2022
Technology Transformation – Financial Services
The Financial Services (FS) sector is a leader in protecting its tech infrastructure, reflecting the high degree of scrutiny from regulators. FS firms are at a tipping point, with large incumbents eying smaller firms and fintechs for their IP and skills to remain competitive while considering upgrades to legacy systems. Simultaneously, regulation is changing to reflect new and emerging technologies and threats. This report is a deep dive into data first produced for the re­port Tech­no­logy Transformation: Managing Risks in a Changing Landscape. This saw over 500 people surveyed from multiple industries across the world. Here we look in detail at the 85 respondents from the FS sector, and their perspectives on the risks associated with busi­ness-crit­ic­al technologies, including emerging technologies. This sector is more highly regulated than most of the other sectors surveyed, with many historical tech disputes relating to regulation. But the focus of regulation is shifting, and so are the risks affecting this sector. Download the Technology Transformation Financial Services report now to read about:Drivers of technology adoption in the financial services sectorNew risks emerging and traditional barriers to risk man­age­ment­Cur­rent technology risks in the financial services sectorFuture risks, including AI and crypto­cur­ren­cies, and measures to deal with themPreferred approaches to technology dispute resolution for the financial services sector
05/07/2022
CMS advised the shareholders of Léons Group on the sale of Léons Group...
CMS advised the shareholders of Léons Group on the sale of Léons Group to Ardonagh Europe. Founded in 1951 by Max Léons, Léons Group specialises in full-service insurance solutions to corporate clients...
21/04/2021
Webinar Benelux Insurance Bites
We are delighted  to invite you to our upcoming Benelux Insurance Bites webinar taking place virtually on Wednesday, April 21st from 12.00 – 12.45 CET. In this webinar , our expert European insurance...
14/04/2021
Top rankings CMS in Legal 500 EMEA 2021
CMS has once again been ranked in the latest edition of The Legal 500 Europe, Middle East & Africa (2021). We thank our clients for putting their trust in us and recognising our expertise. Our lawyers...
22/03/2021
Netherlands amends law on cross-border service provision by third-country...
On 17 March 2021, the Act amending the Dutch Financial Supervision Act (Wet op het financieel toezicht or DFSA), which introduces a prohibition on cross-border services by third-country insurers, entered...
22/03/2021
Netherlands amends law on cross-border service provision by third-country...
On 17 March 2021, the Act amending the Dutch Financial Supervision Act (Wet op het financieel toezicht or DFSA), which introduces a prohibition on cross-border services by third-country insurers, entered...
16/01/2020
Top ranking CMS in Chambers FinTech
CMS has been ranked in the latest edition of the Chambers FinTech guide. CMS is recognised for its expertise in the area of tokens, the legal aspects of digital identity, GDPR issues and other distributed...
10/01/2020
Amsterdam Fintech Meetup
About this EventThis is where you can get an update on the latest tech developments, cool startups and innovative projects and insights from matter experts. And of course, you will have ample time to...