On 4 May 2016, the Dutch Minister of Finance launched a consultation on the draft decree amending the Decree on implementation of the EU Regulations for the Financial Markets (Besluit uitvoering EU-verordeningen financiële markten) and the Decree on passing on costs ACM (Besluit doorberekening kosten ACM) (the Draft Decree). The Draft Decree will implement certain provisions of Regulation (EU) 2015/751 on interchange fees for card-based payment transactions (the Regulation).

The provisions of the Regulation which are implemented through the Draft Decree relate to, amongst other things, the designation of the responsible supervisory authority, determining penalties for infringements of the Regulation and the designation of an organisation responsible for dispute resolution arising from the Regulation.

View the Draft Decree (Dutch only), 4 May 2016.