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Dutch Prime Minister announces deep recession; ING reports fiscal year 2008 loss

  • Alston & Bird LLP
  • -
  • Netherlands
  • -
  • February 19 2009

Yesterday, Dutch Prime Minister Jan Peter Balkenende and The Netherlands Bureau for Economic Policy Analysis (CPB) Director Coen Teulings held a joint press conference to announce CPB's provisional projections of the development of the Dutch economy

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

  • De Brauw Blackstone Westbroek
  • -
  • Netherlands
  • -
  • October 20 2009

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

Legislation update

  • De Brauw Blackstone Westbroek
  • -
  • Netherlands
  • -
  • October 20 2009

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

Regulation regarding fees for financial supervision published

  • De Brauw Blackstone Westbroek
  • -
  • Netherlands
  • -
  • April 23 2009

The Minister of Finance has determined fees for specific acts of financial supervision pursuant to the Financial Markets Supervision Act (FMSA) (Wet op het financieel toezicht (Wft)), the Audit Firms Supervision Act (Wet toezicht accountantsorganisaties) and the Trust Offices Supervision Act (Wet toezicht trustkantoren

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

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

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

International regulatory update 2-6 May 2011

  • Clifford Chance LLP
  • -
  • Bahrain, European Union, Germany, Hong Kong, India, Netherlands, Switzerland, United Kingdom, USA
  • -
  • May 9 2011

The US Treasury Department has published a Notice of Proposed Determination exempting FX swaps and forwards from the central clearing and exchange trading requirements imposed by the Dodd-Frank Act

Changes to financial markets regulations

  • De Brauw Blackstone Westbroek
  • -
  • Netherlands
  • -
  • May 9 2011

A public consultation is being held until 11 May on proposed amendments to a number of financial markets regulations