In September 2008, the Minster of Finance Bos announced a set of measures intended to harmonise rules in the field of transparency of provisions and costs. Various measures have currently been implemented: rules regarding transparency of provisions have been in force as of 1 January 2009 and as of 1 July 2009 an intermediary must provide a contract for the provision of services.
The rules for transparency of costs and a prohibition on bonus were also intended to take effect as of 1 July 2009. However, in a letter (in Dutch) to the Second Chamber, Minister Bos wrote that this has been delayed as a result of the “unanticipated activity within the scope of the economic crisis and the complexity of the subject matter”. The measures will be postponed until 1 January 2010. Minister Bos intends to use this period to extend the scope of the transparency of remuneration and to extend the inducement norm to include funeral homes and single-premium policies that are issued in combination with consumer credit.