In the Netherlands, the Sanctions Act 1977 (Sanctiewet 1977) is a piece of umbrella legislation under which national and international rules are implemented in compliance of international sanctions regulations.
Orders in council can be imposed to ensure compliance with treaties or international agreements. If the national rules serve to comply with obligations under treaties or binding decisions of organisations under international law, a ministerial order suffices. The regulations are collectively known as sanctions regulations.
This is an overview page with general information about the Dutch Sanctions Act (Sanctiewet 1977).
Current news items on the sanctions against Russia can be found here.
See this page for information on what we expect institutions to do if they discover that the identity of a business relation corresponds to a person or legal entity referred to in the sanctions regulations.
In the Netherlands, the Sanctions Act 1977 (Sanctiewet 1977) is a piece of umbrella legislation under which national and international rules are implemented in compliance of international sanctions regulations.
Orders in council can be imposed to ensure compliance with treaties or international agreements. If the national rules serve to comply with obligations under treaties or binding decisions of organisations under international law, a ministerial order suffices. The regulations are collectively known as sanctions regulations.
07 September 2026
Enforcement measures
On 22 June 2026, De Nederlandsche Bank (DNB) imposed an administrative fine of €59,770 on investment firm GMG Europe B.V. (GMG) for repeatedly failing to maintain sufficient own funds.
Read more Fine imposed on GMG Europe B.V. for repeated capital shortfalls
07 September 2026
News item supervision
Dutch small and medium-sized banks (Less Significant Institutions, LSIs) can withstand a severe economic downturn. This is shown by De Nederlandsche Bank's (DNB) annual stress test conducted in 2026.
Read more Results of DNB’s LSI Supervisory Stress Test
19 August 2026
Enforcement measures
De Nederlandsche Bank (DNB) imposed a fine of €29,700 on trust International Trust Services B.V. (ITS) on 24 November 2025. The fine was imposed because ITS failed to commission an audit in 2022 concerning the period from January to December 2021.
Read more Fine for trust office International Trust Services B.V. for failing to commission an audit
13 August 2026
News item supervision
DNB extends the period during which it will not prioritise supervisory and enforcement action in relation to the boundary between the banking book and the trading book.
Read more DNB extends non-enforcement period for boundary between banking book and trading book