The VVD wants banks to check city council members for money laundering and signs of links to the criminal underworld, like the payment systems of national politicians are already monitored, VVD parliamentarian Roald van der Linde said to BNR.
Marktplaats teamed up with the police and banks in the fight against payment fraud. From now on the online market place will warn users if they are sent to an unknown or unofficial payment page, the police announced on its website.
Banning cash payments of over 3 thousand euros, regulating cryptocurrencies, and calling for the 500 euros banknote to be taken out of circulations are two of a large package of measures against money laundering that Ministers Wopke Hoekstra of Finance and Ferdinand Grapperhaus of Justice and Security sent to parliament on Monday.
Norinchukin, a large Japanese bank, will open a branch in Amsterdam in order to maintain uninterrupted access to the European internal market after the United Kingdom leaves the European Union, the company officially announced, ANP reports.
In the Netherlands, Norinchukin will mainly focus on project financing. The branch will initially be staffed by a team of 30 people.
Dutch bank Van Lanschot wants to get rid of customers who do not invest with the bank. The private bank is advising these clients to rather go to Rabobank, Financieele Dagblad reports based on a letter Van Lanschot sent to clients.
A spokesperson for the bank confirmed to NU.nl that Van Lanschot contacted customers who do not have an investment account with the bank. In time the bank wants to say goodbye to these customers.
Dutch people's confidence in each other and in the institutions increased almost across the board last year, according to figures Statistics Netherlands released on Monday. The Dutch have most confidence in the police with 74.5 percent saying they trust the police, and least in the church with only 31.2 percent.
Dutch banks and insurers will soon place all prominent politicians and their immediate families under stricter supervision in an effort to prevent bribery, fraud and support to terrorists. Financial institutions will receive the instruction to keep a closer eye on the Netherlands' rulers this summer, newspaper AD reports.
Any transactions that raise suspicions of, for example, money laundering or taking bribes must be immediately reported to the Financial Intelligence Unit Nederland, which falls under the National Police.
Jeroen van der Veer, president of ING's board of commissioners, again defended the bank's now scrapped plan to increase the salary of CEO Ralph Hamers from 2 million to 3 million euros per year. The bank has to increase the executives' salaries if it wants to remain an international player, Van der Veer said in the Tweede Kamer on Wednesday, AD reports.
Large Japanese bank Mitsubishi UFJ Financial Group (MUFG) chose Amsterdam to be its new base for security trading in the European Union after the Brexit. Initially the bank plans to move less than a hundred of its employees from London to Amsterdam, but more may follow, ANP reports.
MUFG currently employs about 2,100 people in the British capital. The bank also looked at other EU locations, like Paris, but Amsterdam is considered the favorite, according to the news wire.
Dutch bank ING recorded a net profit of 1.3 billion euros in the first quarter of 2016, compared to 1.8 billion euros in net profit the bank made in the same period last year. Excluding once-off windfalls and set backs, the profits dropped 29 percent to 842 million euros
Dutch Prime Minister Mark Rutte and American President Barack Obama agreed in a phone conversation that imposing sanctions on Russia could be a possibility if it continues to support separatists in Ukraine. This comes from a statement by the White House.
Dutch bank ING has denied claims that it is planning to move part of its headquarters, such as important staff departments, abroad. The Financieele Dagblad newspaper reported this, which the ING has said is "factually incorrect."
Dutch bank ING reported a first quarter net loss of €1.92 billion, a polar opposite of the €1.9 billion net profit in the first three months of 2013, according to Reuters. The loss was primarily attributed to one-time costs, including a €1 billion pension charge, and a €2.01 billion accounting hit on ING's investment in Voya Financial Inc.
Dutch financial institution Rabobank has partnered with Giesecke & Devrient (G&D) to launch a commercial mobile payment solution in the Netherlands.