Dutch Fintech action plan
Connective Payments, 3 July 2020
The Dutch Minister of Finance Wopke Hoekstra has launched the so called FinTech action plan to let the current 635 FinTech companies grow faster and give opportunities to new companies.
The Netherlands´ strong points according to the government are: a digital infrastructure, attractive culture, English language, central location and high quality of supervision. There are also areas for improvement: the plan mentions governmental propagation of Fintech policies, attracting talent and paying attention to remuneration policy (the Netherlands has the most stringent bonus policy in the EU for financial institutions) and scaling up abroad.
The Dutch FinTech Action Plan is based on three pillars:
Read the action plan here. (in Dutch)
The Ministry of Finance submitted a progress report to the House of Representatives on 13-10-2021. You will find this here.