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NETHERLANDS AS A GLOBAL FINANCE CENTRE
Few jurisdictions can boast a foreign direct investment record like the Netherlands. As the world's seventh largest inward receiver of investments, housing approximately 9000 foreign-owned companies, the country's dynamic business environment provides an invaluable insight into macro investment trends.
Regulation on Restrained Remuneration Policies Dutch Financial Supervision Act 2011
As a result of the CRD III Directive, the Decree on Restrained Remuneration Policies (the “Decree”) entered into effect on 1 January 2011. Pursuant to the Decree, a new Section 23f is added to the Prudential Rules Financial Supervision Act Decree, amongst other things.
Consumer credit agreements: greater protection for the consumer
An EU Directive has mandated tougher Dutch legislation on consumer credit. A bill to augment consumer protection has now been tabled before Parliament’s House of Representatives.
