On 28 October 2024, the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, the AFM) published the results of an explorative study (in the form of a report) into how asset managers deal with the availability, reliability and comparability of Environmental, Social and Governance (ESG) data. The study
On 28 October 2024, the Dutch Central Bank (De Nederlandsche Bank, DNB) published their findings from its sector-wide self-assessment on Environmental, Social, and Governance (ESG) risk integration among pension funds. The report reveals that while many pension funds have taken steps to incorporate ESG risk into their policies, there is still a
Following an article published in the Dutch Financial Times on 28 July 2024, members of the Dutch Parliament submitted questions to the Minister of Finance regarding the upcoming crypto supervision by the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, AFM) under the Markets in Crypto-Assets Regulation (MiCAR). The
As of 9 September 2024, investment firms may register as a Designated Publishing Entity (DPE) with the Dutch Authority for the Financial Markets (AFM). The review of the Markets in Financial Instruments Regulation (MiFIR review) has introduced the DPE status.
Previously, investment firms that met the definition of a
The Digital Operational Resilience Act (DORA) has entered into force in January 2023 and will apply from 17 January 2025 onwards.
As January 2025 is fast approaching, the Dutch Central Bank (De Nederlandsche Bank, DNB) is organising two seminars in October 2024 which aim to answer any questions the financial
In its newsletter of 30 August 2024, the Dutch Authority on the Financial Markets (Autoriteit Financiële Markten, AFM) reminds Dutch market parties that the European Securities and Markets Authority (ESMA) has published consultation packages regarding the review of the Markets in Financial Instruments Regulation (MIFIR) and the second Markets in
On 22 August 2024, the Dutch Central Bank (De Nederlandsche Bank, DNB) published guidelines on the information register required under the EU’s Digital Operational Resilience Act (Regulation (EU) 2022/2554, DORA). According to DORA, financial entities must maintain a register of all contractual agreements with ICT third-party service providers. This register is essential
The Supervisory Review & Evaluation Process (SREP) is a periodic survey that investment firms need to complete. In 2023, the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, AFM) sent two questionnaires to approximately 250 investment firms and has now published generic results of that survey.
The results of
The Corporate Sustainability Reporting Directive (CSRD) will come into effect for large listed companies for the 2024 financial year. According to the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, AFM) an important part of the CSRD is the double materiality analysis. The aim is to demonstrate what effect
As the deadline of 17 January 2025 for the Digital Operational Resilience Act (DORA) approaches, financial undertakings must intensify their efforts to meet its stringent requirements. Both the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, the AFM) and the Dutch Central Bank (De Nederlandsche Bank, DNB