Third-party payments involve invoices paid by entities or individuals that are not the original parties to the agreement. While there may be legitimate reasons for such arrangements, third-party payments are also sometimes used to obscure the origin of funds or to conceal the involvement of certain parties. As such, they present a potential method for
Latest evaluation of the Dutch bonus cap
On 17 April 2025, the Dutch Minister of Finance published a letter addressed to the Dutch Parliament, together with a recent evaluation of the Remuneration Policy (Financial Institutions) Act (Wet beloningsbeleid financiële ondernemingen, the Remuneration Act). The Remuneration Act, incorporated in the Act on the Financial Supervision (Wet op het financieel
Consultation Dutch Implementation Act Revised Consumer Credit Directive
- Scope of deferred
AFM Reminder: Licensing Requirement for Group Insurance Providers
On 28 February 2025, the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, the AFM) reminded companies offering group insurance policies of the upcoming licence requirement, effective 1 October 2025. This requirement follows a 29 September 2022 ruling by the Court of Justice of the EU, clarifying licensing obligations for group
Instant Payments Regulation: an update from DNB
On 18 February 2025, the Dutch Central Bank (De Nederlandsche Bank, DNB) posted an update on the Instant Payments Regulation (IPR). The IPR entered into force on 8 April 2024 and payment service providers (PSPs) needed to comply with a first set of obligations from 9 January 2025, with more