KPMG study

KPMG published its research report into the state of the Dutch capital market and presented it to the Ministry of Economic Affairs during an event at Beursplein 5 on 21 May 2024. The study, which KPMG carried out on behalf of Stichting Capital Amsterdam and following an earlier study in 2013, is based on interviews with sixty relevant market parties. The report concludes that the capital market in the Netherlands works reasonably well, but various bottlenecks and areas for improvement were also identified.

One important observation is that there is a ‘gaping hole’ in the Dutch capital market chain. Companies that have a capital requirement between €10-€200 million are particularly affected by this. Another point is that there is a relatively high regulatory burden in the Netherlands, which means companies are unable to enter the public market or the exchange quickly. The researchers also pointed out the importance of glocalisation, which means continuing to keep an eye on the local market in today’s international playing field. Finally, KPMG provides advice for the future of the Dutch capital market and calls on market parties and the government to improve communication and, above all, be better at joint follow-up actions.