On 18 April 2025, the Dutch Minister of Finance published the draft implementation act on financial services contracts concluded at a distance (the Draft Implementation Act) for consultation. The Draft Implementation Act aims to implement Directive (EU) 2023/2673 into Dutch law. The Draft Implementation Act provides for various consumer protection requirements that will apply
On 24 April 2025, the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, the AFM) published a news update concerning the European Accessibility Act (Directive (EU) 2019/882, the EAA), which will become applicable in the Netherlands as of 28 June 2025. In this news item, the AFM urges financial institutions
On 2 April 2025, the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, the AFM) announced the launch of an exploratory investigation into financial services provided under the so-called ‘national regime’ exemption. This regime allows financial service providers and investment firms in the Netherlands to provide (i) investment advice and (ii)
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
On 7 August 2024, the European Banking Authority (EBA) published a report setting out its findings following a fact finding exercise on the creditworthiness assessment (CWA) practices of non-bank lenders.
Fact finding
Working with Member State competent authorities and a sample of 125 non-bank lenders, and using a reference period between
On 9 November 2023, the European Banking Authority (EBA) published a consultation paper on draft guidelines on complaints-handling of credit servicers under Directive (EU) 2021/2167 on credit servicers and credit purchasers (otherwise known as the NPL Directive).
The main purpose of the NPL Directive is to foster the development of secondary markets for
On 9 November 2023, the European Banking Authority (EBA) published a consultation paper on draft guidelines on complaints-handling of credit servicers under Directive (EU) 2021/2167 on credit servicers and credit purchasers (otherwise known as the NPL Directive).
The main purpose of the NPL Directive is to foster the development of secondary markets for
On 30 October 2023, there was published in the Official Journal of the European Union (OJ) Directive (EU) 2023/2225 of the European Parliament and of the Council of 18 October 2023 on credit agreements for consumers and repealing the Consumer Credit Directive.
The Directive enters into force on the twentieth day following its
On 9 October 2023, the European Council adopted the revised Consumer Credit Directive (CCD II).
The CCD II repeals and replaces the current 2008 directive in consumer credit agreements. In particular, the CCD II aims to ‘promote responsible and transparent practices by all players involved in consumer credit,’ and promotes responsible and transparent