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Response to parliamentary question regarding the financial sector's dependence on American tech giants

Department of the Treasury December 5, 2025

This document contains the response to parliamentary questions (2025Z19476) from Member Kathmann about the Dutch financial sector's dependence on primarily American tech and cloud companies. The Ministers of Finance and Economic Affairs and Climate Policy and the State Secretary for the Interior and Kingdom Relations respond to a DNB/AFM report, acknowledge the concentration and geopolitical risks, and refer to existing and upcoming instruments such as DORA, vifo, critical infrastructure policy, EU initiatives on digital autonomy, and a possible sovereign government cloud. The cabinet has opted for a broad European approach, public-private partnerships, and scenario analyses with regulators, rather than purely national, sector-specific measures.

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