The year 2025 marks an important phase for the financial sector in the Netherlands. The recent policy initiatives of the Schoof Cabinet lay a solid foundation for enhanced integrity and transparency within the industry. For SCOPE FinTech Solutions and its partners, this development presents both challenges and opportunities.
Strengthened legislation against corruption
In May 2024, the bill rules on follow-up positions of ministers was submitted to the House of Representatives. This proposal requires former ministers and state secretaries to seek advice if they wish to take up a position in the private or semi-public sector in their former policy area within two years of their term of office. It also introduces a lobbying ban and a revolving door ban for two years after resignation to prevent conflicts of interest.
Although this legislation targets former government officials, it indirectly affects companies in the financial sector. The stricter rules contribute to a climate in which transparency and ethical conduct are increasingly important. Expectations around compliance and integrity are increasing, even though these rules are not specifically targeted at the FinTech market.
More transparency on lobbying activities
Leiden University's Mosaic of Interests report has revived the debate on lobbying transparency. The report argues that current measures do not provide sufficient insight into the involvement of external parties in public decision-making. The researchers recommend the introduction of a lobby register to ensure greater transparency Companies that lobby, such as financial institutions and FinTech companies, may need to make their lobbying activities public.
Better protection for whistleblowers
European directives and their impact
The role of RegTech and KYC
Stricter regulations and more focus on transparency make compliance increasingly important for the financial sector. At SCOPE FinTech Solutions, we support financial institutions with RegTech and KYC solutions that simplify complex processes. By making compliance smarter and more efficient, SCOPE FinTech helps not only comply with all regulations, but also strengthen trust in the industry. By proactively responding to policy changes and investing in compliance solutions, you can not only meet the new standards, but also increase the trust and loyalty of your customers and partners.
