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Corporate governance statement

  • NautaDutilh
  • -
  • Netherlands
  • -
  • April 17 2009

Dutch listed companies must from now on (i.e. starting with the annual report for the first financial year starting on or after 1 April 2009) publish a corporate governance statement containing certain prescribed information

Dutch cabinet response to updated Corporate Governance Code

  • NautaDutilh
  • -
  • Netherlands
  • -
  • June 3 2009

In December 2008 the Dutch Corporate Governance Code Monitoring Committee presented the updated Corporate Governance Code and made various recommendations for legislativeministerial action

Corporate governance developments

  • NautaDutilh
  • -
  • Netherlands
  • -
  • August 7 2009

On 24 July 2009, the Dutch government submitted a bill to the Dutch parliament which, if passed, will make a number of changes in the corporate governance of listed companies

One-tier board bill

  • NautaDutilh
  • -
  • Netherlands
  • -
  • December 16 2009

On 8 December 2009 a bill to amend Book 2 of the Netherlands Civil Code in connection with the amendment of the rules on management and supervision within NVs and BVs (Bill no. 31763) was passed by the lower chamber of the Dutch Parliament

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

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

Shareholder influence on strategy of listed companies

  • NautaDutilh
  • -
  • Netherlands
  • -
  • August 6 2010

On 9 July 2010 the Supreme Court rejected the grounds on which the Enterprise Division of the Amsterdam Court of Appeal (the 'Enterprise Division') in August 2009 had ordered an inquiry into ASMI's policy and affairs

Legislative basis for AFMDCB principles for balanced remuneration policies

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

On 6 May 2009, the AFM and the DCB published a set of joint principles for balanced remuneration policies in the Dutch financial sector (Principles

Proposed ban on employment contracts between listed companies and management board members

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

On 8 December 2009, the lower house of the Dutch parliament passed a bill to amend the rules in Book 2 of the DCC on management and supervision within NVs and BVs (also referred to as the one-tier board bill

European Commission Green Paper

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

On 2 June 2010, the European Commission published its Green Paper on corporate governance in financial institutions and remuneration policies