At the very end of 2013, on 17 December, the final version of the Financial Markets Amendment Decree 2014 (the “Amendment Decree 2014”) has been published. The final Financial Markets Amendment Act 2014 (the “Amendment Act 2014”) was published only slightly earlier, on 5 December, in the Bulletin of Acts and Decrees. In this newsletter we will discuss a number of important new rules that have been included in the Amendment Act 2014 and the Amendment Decree 2014. Finally, we will point out the amended professional competence requirements that - although already included in the Financial Markets Amendment Decree 2013 - due to a transitional period, will also come into effect on 1 January 2014.
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