2014 Agenda of the Consultation Forum of Regulatory Bodies (MTB)
The Consultation Forum of Regulatory Bodies (MTB) is a collaboration between regulators in the Netherlands that focus on the functioning of markets, and on the behavior of market participants. Members of the MTB are: the Netherlands Authority for Consumers and Markets (ACM), the Netherlands Authority for the Financial Markets (AFM), the Dutch Data Protection Authority (CBP), the Netherlands Gaming Authority, the Dutch central bank (DNB), and the Dutch Healthcare Authority (NZa).
While each regulator has its own specific regulatory task, all MTB members regularly deal with one another in their day-to-day regulatory activities. Questions and developments in oversight and regulation are often quite similar. The MTB aims to have regulators join forces with one another when facing common issues and questions. Such a joint approach leads to more effective and more efficient oversight, and to a reduction of the regulatory burden where possible.
Through the MTB, regulators engage with one another on a structural basis. The MTB aims to share knowledge and experiences about common issues in an atmosphere of openness and mutual trust. Bilateral cooperation in specific cases is governed by cooperation protocols between individual regulators.
Looking back at 2013 and looking towards 2014
In 2013, the MTB organized two seminars targeted at its executives and employees. The topics of these seminars were ‘External oversight through internal oversight’ (June) and ‘Are we a good regulator?’ (November). In addition, the MTB in 2013 put out for consultation its Criteria for Good Oversight. After processing the reactions from the consultation, the MTB released the final version of its Criteria for Good Oversight in February 2014. Finally, the MTB provided input to various bodies and committees.
The MTB will once again organize two seminars in 2014. The first seminar, to be held on June 10, will be about ‘The role of technology in oversight. ’ One of the questions that will be addressed is ‘How can technology help us in detection and prioritization?’. The second seminar, to be held on November 13, will be about ‘Oversight on Integrity.’