Glossary entry

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

+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.

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Note added at 8 hrs 30 mins (2005-06-13 21:42:39 GMT)
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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.

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Note added at 8 hrs 32 mins (2005-06-13 21:44:44 GMT)
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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.
Peer comment(s):

agree Nico Staes
15 mins
agree Deborah do Carmo
59 mins
agree Tina Vonhof (X) : but think it should be directors'
5 hrs
agree Pierre Grabowski (X) : Yes, should be Directors' loan scheme
7 hrs
Something went wrong...
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.

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Note added at 5 hrs 36 mins (2005-06-13 18:49:16 GMT)
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The Dutch text can be downloaded on page http://www.dnb.nl/dnb/detail.jsp?pid=tcm:12-40496-64
Peer comment(s):

agree Dave Calderhead
44 mins
thank you!
Something went wrong...
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