The Netherlands: Position Paper Topic A: Regulation and reforms for the global financial system in combating tax avoidance and corruption The Netherlands was heavily affected by the financial crisis: its three largest banks (Fortis, ING and ABN Amro) were bailed out by the government. To deal with the proposals for regulatory reform, the De Wit Committee was established. In the past two years, the regulatory landscape in the Netherlands has seen some important changes: by January 1st, 2013, Basel…
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