The Decree on Conduct of Business Supervision of Financial Undertakings under the Wft has the following 15 chapters:
- Introductory provisions
- Expertise of staff
- Sound business operations
- Controlled business operations
- Outsourcing of activities
- Handling of complaints
- Provision of services with due care
- Reporting obligations
- Supplementary rules on offers
- Supplementary rules on the provision of intermediary services
- Supplementary rules on the provision of reinsurance intermediary services
- Supplementary rules on acting as a clearing institution
- Supplementary rules on the provision of investment services
- Final provisions
Chapter 1 of the Decree includes the definitions of and the rules for holders of a dispensation as referred to in section 4:3 of the Financial Supervision Act. This concerns a prohibition against performing, in the Netherlands or from the Netherlands in another Member State, an information society service as referred to in article 15d(3) of Volume 3 of the Dutch Civil Code (Burgerlijk Wetboek) in the pursuit of a profession or business as an intermediary to acquire or receive, beyond a closed circle, repayable funds from parties other than professional market operators, as well as a section about reporting on the affiliation of institutions with a holder of a group authorisation.
Chapters 10 to 14 include rules based on provisions from Chapter 4.3 of the Financial Supervision Act. These rules contain additional provisions regarding certain financial services.
In addition, the Decree on Conduct of Business Supervision of Financial Undertakings under the Wft has the following six annexes:
- Theoretical term
- Expertise attainment targets
- Registration document of the administrator
- Prospectus of collective investment schemes
- Validity of diplomas and certificates
The Decree on Conduct of Business Supervision of Financial Undertakings under the Wft has been amended by the Decree on the Implementation of the Basel II Capital Accord (Besluit implementatie kapitaalakkoord Bazel 2).