On 27 July 2016, the Dutch Minister of Finance published for consultation a draft proposal for the Amendment Decree Financial Markets 2017 (Wijzigingsbesluit financiële markten 2017, the Amendment Decree). The Amendment Decree amends, amongst other things, the Decree on Conduct of Business Supervision of Financial Undertakings (Besluit Gedragstoezicht financiële ondernemingen Wft) and the Decree on Prudential Rules for Financial Undertakings (Besluit Prudentiële regels Wft).
The Amendment Decree is part of an annual cycle of amendments to the laws and regulations relevant for the Dutch financial markets. The Amendment Decree provides for, among other things, rules in relation to the provision of commission (provisie) from an investment account, extension of the diploma requirements for advising on general pension funds and new rules in respect of automated advice.
The Amendment Decree is open for consultation until 8 September 2016.
View the Amendment Decree (Dutch only), 27 July 2016.