The Trust Offices (Supervision) Act 2018: one year later
As per 1 January 2019, the Trust Offices (Supervision) Act 2018 entered into force. The new Act has the objective the professionalize the trust sector in the Netherlands and tightens up the standards with which trust offices must comply when providing services.
This Quoted discusses the main changes, including the extended scope of the Act and the more stringent client screening process. We will also examine recent developments, such as the publication of the Factsheet on the new Act and the Dutch Central Bank’s Good Practices on Tax Integrity Risks.
Read more about 'The Trust Offices (Supervision) Act 2018: one year later' below or download the PDF version.
Kitty LieversePartner Attorney at law
Kitty Lieverse, attorney at law, is the chair of the Banking & Finance practice group. She specializes in supervision of the financial markets and is professor financial supervision laws at the Radboud University of Nijmegen.T: +31 20 578 57 55 M: +31 6 51 28 93 06 E: firstname.lastname@example.org
Wendy PronkSenior Associate Attorney at law
Wendy Pronk, attorney at law, is a member of the Banking & Finance practice group in our Amsterdam office. She focuses on advice and legal proceedings in financial regulatory matters.T: +31 20 578 53 15 M: +31 6 10 61 79 95 E: email@example.com