On 20 October 2016, the Dutch Minister of Finance (the Minister) answered questions of the Dutch Parliament on the draft policy rule in respect of the safekeeping of funds of payment institutions (betaalinstelling) and electronic money institutions (elektronische geldinstelling) (Draft Policy Rule), which has been published by the Dutch Central Bank (De Nederlandsche Bank, DNB).
The Minister indicates that the Draft Policy Rule aims to clarify how payment institutions and electronic money institutions can meet the requirements in respect of the safekeeping of funds of payment service users and other payment service providers. One of the ways to do so, is by means of an depository (bewaarinstelling).
View the Minister’s letter (Dutch only), 20 October 2016.
View the Draft Policy Rule (Dutch only), 8 July 2016.