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Government response to Frijns Code

De Brauw Blackstone Westbroek
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Netherlands
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June 16 2009

On 25 May 2009 the government published its response to the updated Dutch Corporate Governance Code

Supreme Court ruling in annual accounts proceedings AFMSpyker

De Brauw Blackstone Westbroek
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Netherlands
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June 16 2009

The Supreme Court issued its decision 24 April 2009 in annual accounts proceedings brought by the Netherlands Authority for the Financial Markets (AFM) against Spyker Cars N.V. (Spyker

Response Dutch Central Bank (DNB) and AFM to Maas report

De Brauw Blackstone Westbroek
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Netherlands
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October 20 2009

Supervisors DNB and AFM have issued their advice on the report by the Maas Committee, "Restoring Trust", of 7 April 2009

Netherlands Bankers Association presents Banking Code

De Brauw Blackstone Westbroek
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Netherlands
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October 20 2009

The Netherlands Bankers Association adopted the Banking Code on 9 September 2009

Legislation update

De Brauw Blackstone Westbroek
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Netherlands
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October 20 2009

In May 2009, a Bill was submitted to parliament abolishing preventive supervision and improving and extending the monitoring of legal entities

Bill submitted to Parliament implementing the Monitoring Committee’s recommendations of 30 May 2007

De Brauw Blackstone Westbroek
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Netherlands
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October 20 2009

On 18 July 2009, a Bill was introduced amending the Financial Markets Supervision Act, the Securities Giro Transfer Act and the Dutch Civil Code in connection with the recommendations of the Monitoring Committee Corporate Governance Code (Frijns Committee) of 30 May 2007

Outcome of consultations concerning a market supervisor for takeovers

De Brauw Blackstone Westbroek
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Netherlands
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October 20 2009

In September last year, the Minister of Finance published a consultation document on the desirability of a market supervisor (marktmeester) in the Netherlands

Consultation on proposal to extend FMSA disclosure obligations to include economic long positions

De Brauw Blackstone Westbroek
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Netherlands
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October 20 2009

On 1 September 2009, the Ministry of Finance began consultations with market parties, branch organisations and other relevant parties on a draft Bill amending the FMSA to extend the disclosure requirements for controlling and capital interests to include economic long positions

Eumedion publishes evaluation of 2009 AGM season

De Brauw Blackstone Westbroek
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Netherlands
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October 20 2009

On 8 July 2009, Eumedion published its findings on the "Annual reports and shareholders meetings season 2009"

Appointment of new Monitoring Committee

De Brauw Blackstone Westbroek
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Netherlands
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October 20 2009

As of 1 September 2009, Mr Streppel took over from Mr Frijns as chair of the Monitoring Committee Corporate Governance Code

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