meta_id 3078802

On April 20, 2026, the Netherlands House of Representatives (Tweede Kamer der Staten-Generaal) received a legislative proposal from E. Heinen, Minister of Finance, to amend the Financial Supervision Act (Wet op het financieel toezicht). The bill implements Directive (EU) 2024/2811, executes Regulation (EU) 2024/2809, and implements Regulation (EU) 2025/914 concerning benchmarks. The legislative proposal, titled the Implementation Act on Listings and Benchmarks (Implementatiewet noteringen en benchmarks), aims to make public capital markets in the European Union more attractive for businesses and to facilitate access to capital for small and medium-sized enterprises (SMEs). The bill addresses regulatory harmonisation across EU member states in relation to capital market listings and benchmark administration. The proposal received advice from the Advisory Division of the Council of State (Afdeling advisering Raad van State) on April 16, 2026. Supporting documentation, including the explanatory memorandum (Memorie van toelichting) and the draft legislation (Voorstel van wet), was submitted alongside the proposal. A procedural meeting of the Finance Committee (Vaste commissie voor Financiën) was scheduled for April 23, 2026, to discuss the bill. The legislative process remains in the preparation phase, with debate and voting stages pending. REFERENCES: Tweede Kamer der Staten-Generaal. Implementatiewet noteringen en benchmarks. Available at: https://www.tweedekamer.nl/