Search results

Order by most recent / most popular / relevance

Results: 1-10 of 14

Entry into force of Intervention Act in the Netherlands

NautaDutilh
-
Netherlands
-
June 28 2012

On 13 June 2012 the Financial Institutions (Special Measures) Act (Wet bijzondere maatregelen financiële ondernemingen; "Intervention Act") entered into force with retro-active effect as of 20 January 2012

Proposal for bonus ban and salary freeze at financial institutions in receipt of State aid

NautaDutilh
-
Netherlands
-
November 29 2011

In previous newsletters we reported on the series of Dutch and European measures regulating remuneration policy at financial institutions and listed companies

Legislative proposal Intervention Act

NautaDutilh
-
Netherlands
-
November 18 2011

This newsletter discusses the legislative proposal for a Financial Institutions (Special Measures) Act (Wet bijzondere maatregelen financiële ondernemingen; "Intervention Act") that was submitted to the lower house of the Dutch Parliament on 26 October 2011 by the Minister of Finance and the Minister of Security and Justice

Living wills for banks

NautaDutilh
-
Global, Netherlands
-
May 25 2011

For quite some time now, discussions have been ongoing both in the Netherlands and abroad as to the measures that should be taken in order to prevent a repetition of the financial crisis

Credit claims as "financial collateral" (implementation of Directive 200944EC)

NautaDutilh
-
European Union, Netherlands
-
May 23 2011

With effect from 11 May 2011, the Dutch rules on financial collateral arrangements (FCAs) have been amended

Intervention Act

NautaDutilh
-
Netherlands
-
April 15 2011

This newsletter discusses the draft legislative proposal for a Financial Institutions (Special Measures) Act (Wet bijzondere maatregelen financiële ondernemingen; "Intervention Act") that was recently published for consultation along with a draft explanatory memorandum and a document containing specific questions

Expertise requirement for financial enterprises to be extended and clarified

NautaDutilh
-
Netherlands
-
October 7 2010

This newsflash discusses the following two important developments regarding the expertise requirement for members of the management board and supervisory board of financial enterprises: a bill is now before the Dutch parliament pursuant to which the expertise of supervisory board members of a financial enterprise must, as from 1 January 2011, be tested by the Dutch Central Bank ("DCB") and the Authority for the Financial Markets ("AFM"); the DCB and AFM have published a draft policy rule setting out the criteria they will use to test whether management and supervisory board members have met the statutory expertise test

Adjustment and claw-back of bonuses

NautaDutilh
-
Netherlands
-
August 9 2010

On 28 May 2010, the Council of Ministers approved a proposal by the Minister of Justice to introduce rules under the DCC making it possible to adjust or claw back bonuses paid or granted to management board members