On 22 September 2026, the Capital Requirements Implementation Act 2026 (Implementatiewet Kapitaalvereisten 2026) entered into force, implementing the sixth Capital Requirements Directive (Directive (EU) 2024/1619, CRD VI) into Dutch law. The Implementation Act follows the Capital Requirements Regulation III (Regulation (EU) 2024/1623, CRR III), which is applicable in the Netherlands
Regulation and compliance
DNB update on (re)appointment of policymakers
As of 1 October 2026, the Dutch Central Bank (De Nederlandsche Bank, DNB) will change its policy on the reappointment of policymakers at financial institutions. From that date, such reappointments will no longer need to be reported using the specific form in DNB’s online portal. This change intends to simplify the procedure…
AFM update on AML compliance by fund managers
On 15 September 2026, the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, the AFM) published a news update on the compliance of investment fund managers with the Dutch Act on the prevention of money laundering and terrorism financing (Wet ter voorkoming van witwassen en financieren van terrorisme, Wwft)…
Dutch Implementation Act on the MiFID II review
On 20 July 2026, the Dutch Minister of Finance published the Implementation Act on the review of MiFID II 2026 (Implementatiewet herziening MiFID II 2026, the Implementation Act) in the Dutch Government Gazette. Please refer to our earlier blog about the delayed implementation of the MiFID II review.
The Implementation Act amends…
DNB update on Fixed Overhead Requirement
On 12 June 2026, the Dutch Central Bank (De Nederlandsche Bank, DNB) issued a news update on the fixed overhead requirement (FOR) for investment firms. Based on research conducted by DNB, it finds that in practice, a number of deductible items of the FOR are incorrectly applied across the sector.…
News Flash Bonus Cap 2026The Netherlands

The Senate has adopted the amendment to the bonus cap on 19 May 2026. This update outlines the key changes introduced by the amendment, including its impact on identified staff and the broader remuneration framework within the financial sector.
We also highlight practical steps that financial institutions may wish to consider in light of these…
PRA consults on significant reforms to UK securitisation requirements
On 17 February 2026, the Prudential Regulation Authority (PRA) published Consultation Paper CP2/26 (CP2/26), which sets out proposals to reform the UK’s securitisation requirements with the aim of making them more proportionate and less prescriptive, while maintaining appropriate prudential safeguards.
Background
The securitisation requirements were developed in the aftermath of the…
Government publishes call for evidence on the ownership and control test in UK financial sanctions regulations
On 16 February 2026, HM Government (HMG) launched a call for evidence to seek industry views on the application of the ownership and control test in UK financial sanctions regulations, including how firms implement the regulations and where they face challenges.
Background
The two-condition ownership and control test works to ensure that entities…
The Financial Services (Designated Consumer Body and Designated Representative Body) Order 2026 No. 124
On 11 February 2026, the Financial Services (Designated Consumer Body and Designated Representative Body) Order 2026 No. 124 was made. An explanatory memorandum has also been published.
This Order designates the Money and Mental Health Policy Institute as a representative body capable of making certain fast-track complaints to the Financial Conduct Authority and the Payment…
European Commission’s evaluation and potential review of the Shareholder Rights Directive
On 11 February 2026, the European Commission (Commission) launched a public consultation and a call for evidence on the evaluation and potential review of the Shareholder Rights Directive.
Overview
On 19 March 2025, the Commission adopted its strategy for the Savings and Investments Union (SIU) and announced its intention to…


