The Ministry of Finance has commenced consultation on the First Act amending the FMSA (Wijzigingswet Wft 1) (in Dutch). The bill contains both substantial abridged amendments and technical non-substantial amendments to the FMSA. It also amends other legislation in the field of financial markets, including the Audit Firms Supervision Act and the Bankruptcy Act. A separate round of consultation will be held for subordinate legislation.
The Ministry of Finance intends this amendment act to take force on 1 January 2010. The consultation period will end on 24 April 2009.
In October 2009, the Ministry will commence consultations on the second amendment act, which contains more substantial changes. This Second Act amending the FMSA (Wijzigingswet Wft 2) is intended to take force on 1 January 2011.