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  • 28-11-2013

On 26 November 2013, the consultation version of the Act on the Remuneration Policy of Financial Undertakings (Wet beloningsbeleid financiële ondernemingen, the "Legislative Proposal") was published. One of the aspects covered by this act, is the introduction of a 20% cap on variable remuneration. The Legislative Proposal will lead to an amendment to the Dutch Financial Supervisory Act (Wet op het financieel toezicht, "DFSA").

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