Dutch bill has been placed on the internet

Dutch bill

In a new Dutch bill which has been placed on the internet for consultation today, the Dutch minister Blok (Safety and Justice) has expressed the wish to end the anonymity of holders of bearer shares. It will soon be possible to identify these shareholders on the basis of their securities account. The shares can then only be traded through the use of a securities account held by an intermediary. In this way, persons involved in for example money laundering or the financing of terrorism can be traced more easily. With this bill, the Dutch government follows the recommendations of the FATF.

14-04-2017

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