Dutch IORP II Legislation Is Enacted

Dutch IORP II Legislation Is Enacted

The Netherlands Senate has enacted legislation (Dutch) to implement the EU directive on Institutions for Occupational Retirement Provisions (IORP II). The legislation focuses on improved communications, clarification of arrangements for cross-border value transfers, and stricter governance rules covering risk management, internal audits and actuarial functions. The law will take effect on 13 Jan 2019.

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