About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Euroclear Nederland Ready for Dutch Securities Dematerialisation

Subscribe to our newsletter

Euroclear Nederland is now taking measures to remove all paper-based securities certificates in the Netherlands, in compliance with an amendment to the Dutch Securities Giro Act (“Wet giraal effectenverkeer”).

Signalling a move towards full securities dematerialisation in the Netherlands by the end of 2013, the revised legislation, which took effect on 1 January 2011, means that:

• all Dutch securities currently in paper form that are held by Euroclear Nederland will be converted to either global notes (one immobilised certificate representing the entire security issue) or dematerialised securities after a two-year migration period;

• as of 1 January 2011, Euroclear Nederland will no longer accept physical securities, other than global notes, within the Netherlands to deposit in its vaults;

• as of 1 January 2011, Dutch issuers of new securities can only issue dematerialised securities (registered in the name of Euroclear Nederland) or as a global note to deposit with Euroclear Nederland; and

• as of 1 January 2013, transfer of physical securities, other than global notes, will no longer be possible.

Hugo Spanjer, member of the Euroclear Nederland management committee, commented: “The process of securities dematerialisation in the Netherlands has taken a giant leap forward in recent years. For example, just five years ago, we estimated around seven million physical securities were in our system. Today, that figure is approximately 400,000. As a result of the new legislation, it will be easier, less expensive and safer for Dutch issuers to raise capital and end investors to trade and own Dutch securities. For example, where fraudulent and stolen physical securities are a real market concern and cost, dematerialisation will address these issues.”

Ruud Sleenhoff, chairman of DACSI (the Dutch Advisory Committee Securities Industry), expressed: “It is of vital importance that our national authorities safeguard the soundness and competitiveness of the Dutch securities markets, which the new Securities Giro Act aims to achieve. The DACSI therefore supports this solid legislation that will strengthen securities ownership protection. It will apply to retail as well as institutional investors and, what is more, corporate issuers will benefit from cost efficiencies. An efficient marketplace benefits all participants and makes the Dutch market more attractive for issuers and investors in Europe and beyond.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Unlocking value: Harnessing modern data platforms for data integration, advanced investment analytics, visualisation and reporting

4 September 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes Modern data platforms are bringing efficiencies, scalability and powerful new capabilities to institutions and their data pipelines. They are enabling the use of new automation and analytical technologies that are also helping firms to derive more value from their data and...

BLOG

A-Team Group Announces Winners of its Data Management Insight Awards Europe 2024

The winners of A-Team Group’s Data Management Insight Awards Europe 2024 have been announced, with another crop of outstanding companies recognised for their innovation, expertise and performance. Established solution vendors and ground-breaking newcomers alike are acknowledged in the awards for providing leading data management solutions, services and consultancy to capital markets participants across Europe. Over...

EVENT

TradingTech Summit MENA

The inaugural TradingTech Summit MENA takes place in November and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions in the region.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...