The transition to a commission-free service in the Dutch structured products market will take a number of years, Dutch Minister of Finance Jeroen Dijsselbloem wrote in the official newspaper of the Dutch state Staatscourant.
The ban on commission for investment firms such as banks, financial advisers and fund managers in the Netherlands will be implemented on January 1. On Tuesday the amended financial markets act 2014 (Wijzigingsbesluit financiële markten) was published in the official newspaper of the Dutch state . For structured products — which often only have a fixed and limited duration – it is expected to take several years before the ban is finalised Compared with previously published dr