Legal alert Covered Bonds Update

By way of update, the draft implementation act of the Covered Bond directive (EU) 2019/2162 has been submitted for advice to the Council of State of the Netherlands. Afterwards, the draft implementation act will be submitted for formal review and approval to the Dutch parliament. Please see the consultation report from the Dutch Ministry of Finance (in Dutch). We are happy to inform you that our suggestions in our response to the internet consultation of the draft implementation act have been included (R&P response also included in Dutch).