This new law entered into force on 16 February. Its key elements include:

  • Widening of the statutory duties to be carried out by the supervisory boards of DNB and the AFM.
  • Limitations on the number of times that managing directors of the two supervisors may be re-appointed.
  • Introduction of an integrity and suitability test for both managing and supervisory directors of DNB and the AFM.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.