On 20 October 2025, the Dutch Authority for Financial Markets (Autoriteit Financiële Markten, the AFM) and the Dutch Central Bank (De Nederlandsche Bank, DNB) published a report about digital dependency in the financial sector. The key message is that the Dutch financial sector faces systemic risks as it has
General
DNB update on supervisory costs
On 30 September 2025, an amendment to the Regulation on supervisory costs of one-off actions (the Supervisory Costs Regulation) was published. The Regulation increases the rates charged by the Dutch Central Bank (De Nederlandsche Bank, DNB) for one-off supervisory actions. One-off supervisory actions are, for instance, screenings of (co-)policymakers and applications…
In case you missed it: Summer briefing notes & podcasts
ECON draft report on safeguarding and promoting financial stability amid economic uncertainties
On 28 April 2025, the European Parliament’s Committee on Economic and Monetary Affairs published a draft report on safeguarding and promoting financial stability amid economic uncertainties. Among other things the Rapporteur identifies several macro-financial risks and stresses the need for robust crisis preparedness mechanisms to safeguard the EU’s financial system. The rapporteur also highlights the…
AFM’s expectations on the implementation of the European Accessibility Act
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…
Latest evaluation of the Dutch bonus cap
On 17 April 2025, the Dutch Minister of Finance published a letter addressed to the Dutch Parliament, together with a recent evaluation of the Remuneration Policy (Financial Institutions) Act (Wet beloningsbeleid financiële ondernemingen, the Remuneration Act). The Remuneration Act, incorporated in the Act on the Financial Supervision (Wet op het financieel…
Consultation Dutch Implementation Act Revised Consumer Credit Directive
- Scope of deferred
AFM launches an exploratory investigation into services provided under the Dutch ‘national regime’
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)…
AFM Reminder: Licensing Requirement for Group Insurance Providers
On 28 February 2025, the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, the AFM) reminded companies offering group insurance policies of the upcoming licence requirement, effective 1 October 2025. This requirement follows a 29 September 2022 ruling by the Court of Justice of the EU, clarifying licensing obligations for group…
ESAs and ENISA sign MoU
On 5 June 2024, the European Supervisory Authorities entered into a multilateral Memorandum of Understanding (MoU) with the European Union Agency for Cybersecurity.
The MoU sets out the framework for cooperation and exchange of information on tasks of mutual interest, including policy implementation, incident reporting, and oversight of critical Information Communication Technologies third-party…