An increasing number of real estate fraud cases came to light in 2008. In response, the Dutch government established a national steering group in March 2009 in order to improve the prevention of real estate fraud. The steering group is chaired by the Ministry of Defence and the Ministry of Finance and is composed of representatives of inter alia the public prosecutor, the police, the Netherlands Authority for Financial Markets (Autoriteit Financiële Markten) and the Financial Supervision Office (Bureau voor Financieel Toezicht).
The steering group has four main objectives: (i) improvement of the integrity policy of financial and legal service providers; (ii) enhancing transparency in the real estate sector; (iii) increasing of the supervision of the real estate sector; and (iv) increase in the cooperation among the administrative, fiscal and criminal law authorities that deal with the real estate sector. In order to achieve these objectives the steering group will prepare an action plan. It also has the authority to submit bills to the Second Chamber of the Dutch Parliament, if necessary.