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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

Digital newsletter AFM on Supervision of Financial Reporting

De Brauw Blackstone Westbroek
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Netherlands
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October 20 2009

The AFM issues a digital newsletter a few times a year summarizing developments in connection with its supervision of financial reporting

Scheltema Commission report: governance and supervision in the financial sector

De Brauw Blackstone Westbroek
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Netherlands
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October 11 2010

The Scheltema Commission has issued its report on the demise of DSB Bank

Supervision of remuneration policy of financial undertakings to be tightened

De Brauw Blackstone Westbroek
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Netherlands
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October 11 2010

The AFM and DNB are tightening their supervision of the remuneration policies of financial undertakings

Consultation on intervention in financial undertakings

De Brauw Blackstone Westbroek
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Netherlands
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June 1 2011

A bill introducing special measures with regard to financial undertakings (Intervention Bill) has been published for consultation

Bill introducing suitability test and reinforcing cooperation between supervisors

De Brauw Blackstone Westbroek
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Netherlands
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June 1 2011

The Minister of Finance has submitted a bill to parliament which introduces a suitability test for managing and supervisory directors of financial undertakings

Implementation of EU directive on holdings in the financial sector - Minister's role minimised

De Brauw Blackstone Westbroek
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Netherlands
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June 1 2011

A bill implementing the EU directive on holdings in the financial sector (Antonveneta Directive) took effect on 7 May 2011

Bill on claw back of bonuses

De Brauw Blackstone Westbroek
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Netherlands
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June 1 2011

Discussions in the Second Chamber about a bill on the revision and claw back of bonuses have led to the following amendments