Anka Langedijk (NL)

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Dutch Minister of Finance launches consultation on fixed remuneration restrictions within the financial sector

On 17 July 2018, the Dutch Minister of Finance (the Minister) published a consultation document regarding potential additional remuneration restrictions within the financial sector (the Consultation Document). The purpose of these restrictions is to contribute to the recovery of trust within the financial sector. The Consultation Document invites market participants to provide their input on the … Continue Reading

Amendments to act implementing PSD2 and publication of Further Memorandum of Reply

On 19 June 2018, the Dutch Minister of Finance (Minister) sent the following documents to the Dutch Parliament (Tweede Kamer): proposed amendments to the legislative proposal on the Act implementing the revised Payment Services Directive (PSD2, EU/2015/2366) (Implementatiewet herziene richtlijn betaaldiensten, the Proposed Act); and the Further Memorandum of Reply (Nadere memorie van antwoord) on … Continue Reading

Financial Supervision Funding Decree 2018 published in Dutch Government Gazette

On 18 June 2018, the Financial Supervision Funding Decree 2018 (Regeling bekostiging financieel toezicht 2018, the Decree) was published in the Dutch Government Gazette (Staatscourant). The Decree implements the Financial Supervision Funding Act (Wet bekostiging financieel toezicht) and sets out the bandwidths and tariffs for supervisory costs levied by the Netherlands Authority for the Financial … Continue Reading

AFM and DNB improve independence in the integrity and suitability screening process

On 13 June 2018, the Dutch Minister of Finance (Minister) sent a letter to the Dutch Parliament (Tweede Kamer) regarding the implementation of a motion that aims to organise the objection procedure (bezwaarprocedure) in the context of integrity and suitability screenings carried out by Netherlands Authority for the Financial Markets (Autoriteit Financiële Markten, AFM) and … Continue Reading

Consultation on the Decree implementing IORP II

On 7 June 2018, the draft Decree implementing the revised Institutions for Occupational Retirement Provision Directive (EU/2016/2341) (IORP II) was published for consultation (Besluit in verband met implementatie van de herziene IORP-richtlijn, the Implementing Decree). IORP II aims to improve the governance, risk management, transparency, provision of information and to increase cross-border activity of pension … Continue Reading
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