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
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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…
New briefing note – Refocusing the application of the UK Takeover Code
On 24 April 2024, the UK Takeover Panel (Panel) published consultation paper PCP 2024/1: Companies to which the Takeover Code applies which proposes a refocusing and significant narrowing of the types of companies subject to the UK Takeover Code (Code). The consultation closes on 31 July and the Panel has indicated…
New Briefing Note – Quarterly UK financial services horizon scanner
In our latest briefing we set out some of the key upcoming dates that we are aware of so far in the financial services space for 2024, together with links to our relevant content for each development. We will publish an updated version of this horizon scanner next quarter.
For further detail on some of…
FOS 2024/2025 Plans and Budget


On 4 April 2024, the Financial Ombudsman Service (FOS) published its 2024 and 2025 strategic plans and budget. The final plans and budget come as the FOS has announced its expectation of higher demand in the year ahead, with an estimated caseload of 210,000 complaints. The higher caseload comes as the FOS has committed to…
BoE and FCA response to phase two industry recommendations and future strategy


On 28 March 2024, the Bank of England (BoE) and Financial Conduct Authority (FCA) published a joint response to phase two industry recommendations and future strategy.
The BoE and the FCA are working together, and with industry, to improve the data collection process for both regulators and firms. In February 2021…