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Results: 1-10 of 23

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"


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 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


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


Living wills for banks
  • NautaDutilh
  • Global, Netherlands
  • May 25 2011

For quite some time now, discussions have been ongoing both in the Netherlands and abroad as to the measures that should be taken in order to prevent a repetition of the financial crisis


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


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


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


Legislative basis for the Banking Code
  • NautaDutilh
  • Netherlands
  • August 9 2010

The Banking Code (Code Banken) has been given a legislative basis by virtue of a decree (algemene maatregel van bestuur) issued on 1 June 2010, in the same way as was done previously for the Corporate Governance Code