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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


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


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


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"


Proposal for bonus ban and salary freeze at financial institutions in receipt of State aid
  • NautaDutilh
  • Netherlands
  • November 29 2011

In previous newsletters we reported on the series of Dutch and European measures regulating remuneration policy at financial institutions and listed companies


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


Credit claims as "financial collateral" (implementation of Directive 200944EC)
  • NautaDutilh
  • European Union, Netherlands
  • May 23 2011

With effect from 11 May 2011, the Dutch rules on financial collateral arrangements (FCAs) have been amended


Entry into force of Intervention Act in the Netherlands
  • NautaDutilh
  • Netherlands
  • June 28 2012

On 13 June 2012 the Financial Institutions (Special Measures) Act (Wet bijzondere maatregelen financiële ondernemingen; "Intervention Act") entered into force with retro-active effect as of 20 January 2012


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


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