On 17 July 2019, the Dutch Central Bank (De Nederlandsche Bank, DNB) launched a public consultation on its revised guidance document on the Act on the prevention of money laundering and terrorist financing (Wet ter voorkoming van witwassen en financieren van terrorisme, Wwft) and the Sanctions Act 1977 (Sanctiewet 1977, SW) (the Guidance Document).
The Guidance Document mainly incorporates the amendments to the Wwft as a result of the implementation of the Fourth Anti-Money Laundering Directive (EU/2015/849) (Vierde anti-witwasrichtlijn), which came into effect in the Netherlands on 25 July 2018. The Guidance Document no longer addresses the framework applicable to trust offices. DNB expects to publish a separate Q&A for trust offices later this year.
The consultation period will end on 16 September 2019.
View the Guidance Document (Dutch only), 17 July 2019