The Dutch regulators that sit on the Consultation Forum of Regulatory Bodies (MTB) today published their joint vision document 'Criteria for good oversight'. With this document, they offer an assessment framework for their oversight and regulatory activities, which can be used when these regulators are evaluated by order of their respective ministries.
The idea behind the joint vision document 'Criteria for good oversight' is that regulators will be better able to learn from one another if they are able to measure and compare their results.
The Consultation Forum of Regulatory Bodies (MTB) is a collaboration between the Netherlands Authority for Consumers and Markets (ACM), the Netherlands Authority for the Financial Markets (AFM), the Dutch Data Protection Authority (CBP), the Dutch central bank DNB, the Dutch Healthcare Authority (NZa), and the Netherlands Gaming Authority.
A draft version of the vision document was put out for consultation in 2013. The comments from that consultation round have been included in the final version of the vision document, which has now been released.
The AFM is committed to promoting fair and transparent financial markets.
As an independent market conduct authority, we contribute to a sustainable financial system and prosperity in the Netherlands.