Bill amending management and supervision rules for foundations, associations, cooperatives and mutual insurance associations
On 8 June 2016 a bill clarifying and refining the rules on management boards and supervisory boards in foundations, associations, cooperatives and mutual insurance associations (onderlinge waarborgmaatschappijen) was submitted to the lower house of the Dutch parliament. For BVs and NVs, there will not be any substantive changes under the new rules. This bill, the Management and Supervision Legal Entities Bill, implements most of the recommendations of the Good Governance Committee (Commissie Behoorlijk Bestuur), chaired by former MP Femke Halsema. The committee was set up following several high-profile public-sector management scandals.
Please read more in our newsletter on this topic.