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Results: 1-10 of 18

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

Clawback of Bonuses Act to take effect on 1 January 2014

  • NautaDutilh
  • -
  • Netherlands
  • -
  • December 17 2013

The Clawback of Bonuses Act has been approved by the upper house of the Dutch Parliament and will take effect on 1 January 2014. The purpose of the

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

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

Commission on the structure of Dutch banks publishes its report "towards a serviceable and stable banking system"

  • NautaDutilh
  • -
  • Netherlands
  • -
  • July 9 2013

28 June 2013 the Commission on the Structure of Dutch Banks (the "Commission") published its report "Towards a serviceable and stable banking system"

Legislative basis for the Banking Code

  • NautaDutilh
  • -
  • Netherlands
  • -
  • August 9 2010

The Banking Code (Code Banken) has been given a legislative basis by virtue of a decree (algemene maatregel van bestuur) issued on 1 June 2010, in the same way as was done previously for the Corporate Governance Code

The Banking Code

  • NautaDutilh
  • -
  • Netherlands
  • -
  • January 25 2010

On 9 September 2009 the Board of the Dutch Banking Association (Nederlandse Vereniging van Banken) adopted and presented the Banking Code (Code Banken

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

Parliamentary examination of financial system (De Wit Committee)

  • NautaDutilh
  • -
  • Netherlands
  • -
  • August 9 2010

On 10 May 2010, the 'Temporary Committee for Examination of the Financial System' presented its report on the causes of the financial crisis

New EU and national rules on remuneration in listed companies and financial institutions

  • NautaDutilh
  • -
  • European Union, Netherlands
  • -
  • May 20 2009

At present, there are many calls from different quarters urging the adoption of sustainable and moderate remuneration policies by listed companies and financial institutions