2018-09-12

Added · Updated

External Financial Relations Act 1994 (Wfbb)

The External Financial Relations Act 1994 establishes rules for compiling the Dutch balance of payments. It requires residents to submit information and data to De Nederlandsche Bank (DNB) relevant to this compilation, in accordance with DNB's instructions. Additionally, DNB provides this information to the Minister of Finance to determine general policy regarding the Netherlands' financial relations with other Member States and third countries.

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The Wfbb provides rules relevant to the compilation of the Dutch balance of payments. Article 7 of the Wfbb requires residents to submit information and data to DNB that are relevant to the compilation of the Dutch balance of payments, in accordance with the instructions issued by DNB.

Published: 12 September 2018

Pursuant to the Wfbb, DNB provides information to the Minister of Finance for the purpose of determining the general policy with respect to the Netherlands' financial relations with other Member States and third countries.

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