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ARTICLE · 08 NOVEMBER 2012

Consequences Coalition Agreement For Financial Regulatory Law

On 29 October 2012 the VVD (the Liberal Party) and the PvdA (the Labour Party) presented the coalition agreement for the envisaged new cabinet.

NetherlandsFinance and Banking
Larissa Silverentand
Larissa Silverentand
Pim Rank
Pim Rank
Rosemarijn Labeur
Rosemarijn Labeur
Frans Van Der Eerden
Frans Van Der Eerden
Bart Bierman
Bart Bierman
Pim Heemskerk
Pim Heemskerk
Jasha Sprecher
Jasha Sprecher

On 29 October 2012 the VVD (the Liberal Party) and the PvdA (the Labour Party) presented the coalition agreement for the envisaged new cabinet. The coalition agreement contains proposals for changes to the financial sector that the two parties have agreed upon. Although the coalition agreement does not contain detailed proposals for amendments to the law, the topics set out therein do provide a good overview of the direction of the new cabinet. Please find below a short overview of the main proposals with respect to financial regulatory law:

  • Further maximisation of performance related remuneration

    The coalition agreement provides that the performance related remuneration for the financial sector shall be capped by law at 20% of the fixed remuneration.

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