Kingdom of the Netherlands-Netherlands: Financial Sector Assessment Program: : Technical Note-Insurance and Pension Sectors

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

April 13, 2017

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Technical Note discusses the findings and recommendations in the Financial Sector Assessment Program for the Netherlands on the insurance and pension sectors. The governance, accountability, and internal processes of the supervisors, operating under a well-functioning twin-peaks model, are robust. With two-tier boards that include independent members, and an internal audit department, the governance structure of both supervisors is vigorous. Detailed documentation supports the internal processes. Discussions are underway to determine a new structure for the pension system, which may include shifting risks to the participants.

Series:

Country Report No. 17/94

Subject:

English

Publication Date:

April 13, 2017

ISBN/ISSN:

9781475593983/1934-7685

Stock No:

1NLDEA2017008

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

91

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