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Dutch government's response to Commission's Green Paper on corporate governance in financial institutions and remuneration policies
- De Brauw Blackstone Westbroek
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- Netherlands
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- October 11 2010
In their joint response to the Green Paper, a number of Dutch ministries and supervisory bodies have underlined the importance of improved corporate governance within financial undertakings
Adjustment and claw-back of bonuses
- NautaDutilh
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- 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
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- 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
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- Netherlands
- -
- August 9 2010
On 2 June 2010, the European Commission published its Green Paper on corporate governance in financial institutions and remuneration policies
Response Dutch Central Bank (DNB) and AFM to Maas report
- De Brauw Blackstone Westbroek
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- 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
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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
A new financial penalty regime for companies and management
- De Brauw Blackstone Westbroek
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- Netherlands
- -
- August 10 2009
Recently, two bills have been adopted in the Dutch Parliament, introducing a substantial increase in administrative fines under Dutch financial supervision laws that can be imposed by the Dutch financial regulators (AFM and DNB), and personal liability of management under these laws
Regulation regarding fees for financial supervision published
- De Brauw Blackstone Westbroek
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- 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
Dutch Prime Minister announces deep recession; ING reports fiscal year 2008 loss
- Alston & Bird LLP
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- 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
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