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Results: 1-10 of 23

New Corporate Governance Principles for banks
  • NautaDutilh
  • Netherlands
  • October 1 2015

The Basel Committee of the Bank for International Settlements (BIS), whose standards for the prudential supervision of banks are applied worldwide


Legislative basis of Dutch Banking Code withdrawn
  • NautaDutilh
  • Netherlands
  • December 17 2015

Effective 1 January 2016 the decree requiring Dutch banks to report on their compliance with the old Banking Code in their annual reports will be


G20OECD publish revised Principles of Corporate Governance
  • NautaDutilh
  • Netherlands, OECD
  • October 6 2015

Recently the G20 and the OECD published a revised version of the Principles of Corporate Governance. Although strictly speaking not legally binding


Draft act on the Remuneration Policy of Financial Undertakings: the 20 cap
  • NautaDutilh
  • Netherlands
  • November 28 2013

On 26 November 2013, the consultation version of the Act on the Remuneration Policy of Financial Undertakings (Wet beloningsbeleid financiële


Draft act on the Remuneration of Financial Undertakings: the 20 cap
  • NautaDutilh
  • Netherlands
  • June 17 2014

Last Friday the proposal for the Act on the Remuneration Policy of Financial Undertakings was submitted. Compared to the consultation version that


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


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


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"


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


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