The Netherlands
 
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route Rotterdam office
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The business of offering ‘Trust’ services, as it is known in the Netherlands that pioneered it, has grown to become a significant professional services sector that collectively manages more than 13,000 companies on behalf of third parties. In the Netherlands the sector is supervised by the Dutch Central Bank and is obliged to comply with the Act on the Supervision of Trust Offices (“Wtt”), the Act for The Prevention on Money Laundering and the Financing of Terrorism (“WWFT”) and the Sanctions Act 1977 (“Sanctiewet 1977”).