Glossary entry (derived from question below)
Dutch term or phrase:
regeling bestuurderskredieten
English translation:
Directors' loans scheme
Added to glossary by
Christopher Smith (X)
Jun 13, 2005 13:12
18 yrs ago
Dutch term
regeling bestuurderskredieten
Dutch to English
Bus/Financial
Finance (general)
Part of a letter concerning compliance and integrity in a financial institution - no further context available.
Proposed translations
(English)
4 +4 | Director's loans scheme | Dave Calderhead |
4 +1 | Regulation on credit facilities to individual directors ... etc | Willemien Rijsdijk |
Proposed translations
+4
16 mins
Selected
Director's loans scheme
director's loans should be reported annually in a company's financial statements, including the interest rates applicable and the term of the loan. This very relevant to the current code of corporate governance, Tabaksblat in the Netherlands.
--------------------------------------------------
Note added at 8 hrs 30 mins (2005-06-13 21:42:39 GMT)
--------------------------------------------------
Wllemien\'s DNB regulation is the correct formal translation, but in the context of a letter \'Directors\' loans scheme\' should be OK, unless it is in direct reference to compliance with the DNB regulation.
--------------------------------------------------
Note added at 8 hrs 32 mins (2005-06-13 21:44:44 GMT)
--------------------------------------------------
The leter could of course refer to the company\'s own Directors\' loans scheme and the comapny\'s compliance, or lack of compliance with the DNB regulation.
--------------------------------------------------
Note added at 8 hrs 30 mins (2005-06-13 21:42:39 GMT)
--------------------------------------------------
Wllemien\'s DNB regulation is the correct formal translation, but in the context of a letter \'Directors\' loans scheme\' should be OK, unless it is in direct reference to compliance with the DNB regulation.
--------------------------------------------------
Note added at 8 hrs 32 mins (2005-06-13 21:44:44 GMT)
--------------------------------------------------
The leter could of course refer to the company\'s own Directors\' loans scheme and the comapny\'s compliance, or lack of compliance with the DNB regulation.
4 KudoZ points awarded for this answer.
Comment: "Many thanks to all!"
+1
5 hrs
Regulation on credit facilities to individual directors ... etc
Regulation on credit facilities to individual directors or other senior officers
See links below (four-page description). This is an official regulation from the Dutch Central Bank (Supervisory Authority/Watchdog for banks, insurance companies and pension funds in the Netherlands. The aim of the regulation is to prevent banks in the Netherlands from offering disproportionately favourable credit facilities to their directors and other senior officials.
--------------------------------------------------
Note added at 5 hrs 36 mins (2005-06-13 18:49:16 GMT)
--------------------------------------------------
The Dutch text can be downloaded on page http://www.dnb.nl/dnb/detail.jsp?pid=tcm:12-40496-64
See links below (four-page description). This is an official regulation from the Dutch Central Bank (Supervisory Authority/Watchdog for banks, insurance companies and pension funds in the Netherlands. The aim of the regulation is to prevent banks in the Netherlands from offering disproportionately favourable credit facilities to their directors and other senior officials.
--------------------------------------------------
Note added at 5 hrs 36 mins (2005-06-13 18:49:16 GMT)
--------------------------------------------------
The Dutch text can be downloaded on page http://www.dnb.nl/dnb/detail.jsp?pid=tcm:12-40496-64
Something went wrong...