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The Netherlands

There have been changes aplenty in the Netherlands over the last 12 months – notably the EMIR Review by the European Parliament , which will have a significant impact , in large due to its significant retail market in the country . Similarly , the Dutch Tax Authorities issued the English version of the new agreement for Authorized Intermediaries that file tax reclaims on behalf of their clients , while the Dutch government also published a provisional list for The Tax Plan 2024 , looking to amend the dividend withholding tax exemption , which could potentially impact the filing of Dutch Quick Reclaim filing . When looking at the data , the Netherlands sits mainly at Good , with an overall score of 5.34 . Relationship Management scores highest in the country , sitting within the Very Good range .

BNP Paribas With an uptick in ratings , BNP Paribas ’ overall score sits comfortably at 5.53 ( Good ) and over half of categories saw an increase since 2023 . Securities Lending ( 5.58 ) saw the largest increase , with an increase of 58 basis points .
Intesa Sanpaolo All of Intesa Sanpaolo ’ s ratings sit comfortably in the Good ( 5.00 – 5.99 ) and Very Good ( 6.00 – 6.99 ) range . Although Liquidity Management ( 5.20 ) saw a decrease of 37 basis points , the majority of categories have seen upward trends over the last 12 months . The most significant increases were seen in the Securities Lending ( 6.00 ) and Technology ( 5.88 ) categories , up 40 and eight basis points , respectively .
Netherlands
Netherlands 2024
Netherlands 2023
Global Average
Difference to Global
BNP
Intesa
Account Management
5.54
5.56
5.83
-0.28
5.66
6.24
Asset Safety and risk management
5.37
5.51
5.73
-0.35
5.76
5.76
Asset Servicing
5.34
5.40
5.59
-0.25
5.34
5.94
Cash Management and FX
5.33
5.18
5.46
-0.13
5.53
5.68
Client Service
5.55
5.73
5.84
-0.29
5.68
5.94
Data Services
5.15
5.38
5.44
-0.29
5.72
5.67
Service Innovation
5.30
5.22
5.43
-0.13
5.42
5.50
Liquidity Management
5.13
5.14
5.41
-0.28
5.38
5.20
Pricing
4.88
4.93
5.20
-0.33
4.85
5.38
Regulation and Compliance
5.43
5.53
5.57
-0.14
5.54
5.76
Relationship Management
6.01
5.98
6.15
-0.15
6.06
6.24
Securities Lending
5.28
5.24
5.17
0.12
5.58
6.00
Technology
5.12
5.13
5.33
-0.21
5.38
5.88
Average
5.34
5.38
5.55
-0.21
5.53
5.78
62 Global Custodian Fall 2024