The new Act on the Remuneration of Financial Undertakings: the 20% cap and practical tips
Last Friday the final version of the Act on the Remuneration Policy of Financial Undertakings (Wet beloningsbeleid financiële ondernemingen (the ''Wbfo'')) was published. Due to a second written round of questions from the Upper House of the Dutch Parliament, the entry into force of the Wbfo - envisaged for 1 January 2015 - was delayed. Last Saturday the Wbfo entered into force. In this newsletter, we will discuss the content of the Wbfo and some practical tips
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