The entry into effect of the 'Flex BV' Act in
October 2012 brought about major changes in Dutch company law. On 1
January 2013 several other important laws will enter into effect.
These are:
- the One-Tier Board Act;
- the Inquiry Proceedings Reform Act;
- the Top Managers in the Public and Semi-Public Sectors
(Remuneration Standards) Act;
- the Financial Markets Amendment Act 2013.
In addition, the Corporate Governance Act has been approved
by the upper house of the Dutch Parliament but is not expected to
enter into effect until 1 July 2013.
Changes are also underway at European level. The European
Commission recently launched the long-awaited Corporate Governance
Action Plan, which announces EU initiatives in the area of company
law for 2013.
