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ARTICLE · 05 FEBRUARY 2020

Key Regulatory Developments In The Netherlands (January 31, 2020)

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The report concluded that DNB made progress in developing its procedures but that not all procedures are complete yet. DNB has procedures in place for most Dutch banks but they are brief.

NetherlandsFinance and Banking
Source/Date Brief description

Netherlands Court of Audit

12/12/2019

The Netherlands Court of Audit published a report containing its evaluation of the Dutch Central Bank's (De Nederlandsche Bank N.V., DNB) procedures for settlement of small and medium-sized banks at risk of insolvency

The report concluded that DNB made progress in developing its procedures but that not all procedures are complete yet. DNB has procedures in place for most Dutch banks but they are brief.

For further information in Dutch, click here.

Dutch Second Chamber of Parliament

10/12/2019

The House of Representatives (Tweede Kamer) passed a legislative proposal for the so called UBO (Ultimate Beneficial Owner) register

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