The cabinet wants local authorities to be more open about their financial affairs, especially their role in risky derivatives trading, home affairs minister Ronald Plasterk told RTL news.

The minister wants to stop councils speculating with public money because of the huge financial risks it brings, RTL reported. ‘I am going to ask the council watchdogs to make sure everything is happening according to the rules,’ the minister said.
Nevertheless, an outright ban on derivatives trading is unnecessary, Plasterk told the broadcaster.
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