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ARTICLE · 02 FEBRUARY 2012

Law And Regulation Changes As Of 1 January 2012

De Brauw Blackstone Westbroek
De Brauw Blackstone Westbroek
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De Brauw Blackstone Westbroek

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Changes to the Financial Markets Supervision Act (FMSA).

European UnionFinance and Banking
Francine Schlingmann
Francine Schlingmann
Joost Schutte
Joost Schutte
Marnix Somsen
Marnix Somsen
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Changes to the Financial Markets Supervision Act (FMSA)

The following legislation came into force on 1 January 2012:

  • A number of sections of the Financial Markets Amendment Act 2012 (see below)
  • Act and decree implementing Directive 2009/111/EC (CRD II), which amends Directives 2006/48/EC, 2006/49/EC and 2007/64/EC as regards banks affiliated to central institutions, certain own funds items, large exposures, supervisory framework arrangements and crisis management
  • Act and Decree implementing the E-money Directive
  • Amendment of the FMSA in connection with the introduction of notification requirements for certain cash-settled instruments. The Netherlands Authority for the Financial Markets (AFM) has published guidelines about the method of calculating underlying shares and notification of indices and baskets. The AFM has also published Guidelines for Shareholders, which explains the notification rules as amended and discusses the obligations of shareholders

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