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ARTICLE · 09 OCTOBER 2012

Consultations Amendment Act Financial Markets 2014 And System-Relevant Buffer

On 20 September 2012 the consultation document for the Amendment Act Financial Markets 2014 was published.

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 20 September 2012 the consultation document for the Amendment Act Financial Markets 2014 (Wijzigingswet Financiële Markten 2014, "Amendment Act") was published. The Amendment Act will likely enter into effect on 1 January 2014 and will lead to amendments in Dutch regulatory law in a number of areas. On the same date as the Amendment Act, a consultation document was published which introduces legislation providing for additional capital buffers for system-relevant banks and investment firms. The consultation period for both documents ends on 18 October 2012. In this newsflash, we will discuss the following topics as included in the consultation documents:

1.   General duty of care

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