Dijsselbloem says not to be impressed by fines bankers – NU.nl

He said Thursday “not impressed” by the self-regulation of the financial sector in this case.

The four bankers were fines between 750 and 3,000 euros. That was the outcome of a settlement with regulator Dutch Securities Institute (DSI), revealed a study by Het Financieele Dagblad . The DSI is the self-regulatory body of the Dutch securities industry.

” I understand very well the criticism that this result be very mild in proportion to the seriousness, “Dijsselbloem said. But he thinks that the disciplinary rules in the financial sector should be given a chance to prove. There is in the area of ​​self-regulation in the sector, changed laws, according to him, everything ”.

Thirty Rabobank employees were involved in the manipulation from the Libor and Euribor interest rates. They

evade criminal prosecution in the Netherlands. Abroad are harder addressed former employees of the bank.

De Volkskrant put experts on Thursday that it does not work for banks themselves to monitor their behavior. Marcel Pheijffer, Professor of Accountancy at Nyenrode, says in the newspaper that the sanctions against the Rabo-staff “socially hard to justify and explain” his. They are with the settlement, according to him come down “very good”

By:. ANP