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Robert Vennegoor From Precy Dumlao, Opalesque Asia:
According to participants in the most recent Opalesque Netherlands Roundtable, Amsterdam is a great place to start a business, with solid service providers and good infrastructure. They also said that the Netherlands is more advanced in implementing the European Union’s Alternative Investment Fund Managers Directive compared with other EU jurisdictions, which makes the Netherlands well prepared for a vibrant near future.
Robert Vennegoor, head of the operation of Custom House Fund Services said, "The Netherlands is currently successfully preparing for the future. Regulatory-wise, the regulators anticipate on the most current market requirements. Recently, the PPI (the Premium Pension Institution)-regime has been adopted and implemented allowing the Netherlands to support defined contribution pension schemes, complementary to the existing defined benefit schemes. As a result, the Netherlands can continue to leverage and further build on its retirement management competence to become the number one retirement management competence center in Europe. I believe that over 100 applications for the PPI regime were filed, meanwhile."
Vennegoor’s statement reflects the earlier analysis made by Mark Baak, Head of Portfolio Management at Finles Capital Manageme...................... To view our full article Click here
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