Newsletter Banks May 2020

News
Date 28 May 2020

In this number: ECB launches public consultation on its guide on climate-related and environmental risks; Tax risk supervision; New information security monitor; Three new EBA Guidelines; Network for Greening the Financial System publishes two documents; Assessment framework for supervision of compliance with the Single Customer View Policy Rule; Duty to register with the Banking Information Reference Portal to enter into force; National internet fraud reporting centre and customer due diligence; Payment services to online gambling service providers; News in brief

ECB launches public consultation on its guide on climate-related and environmental risks

Climate-related and environmental risks are an increasing source of risk for banks. The sector, regulators and supervisors are raising awareness of this fact. Against this backdrop the ECB has published its draft guide on the management of climate-related and environmental risks by banks for consultation. Read more

Ijsberg

Tax risk supervision

DNB welcomes EBA inquiry and action plan on dividend arbitrage Read more

New information security monitor

DNB again provides the sector with its annual Information Security Monitor. First issued in 2019, this is the second edition. Read more

Verrekijker

Three new EBA guidelines

EBA publishes new guidelines on moratoria on payments and loan repayments Read more

Network for Greening the Financial System publishes two documents

The Network for Greening the Financial System (NGFS) issued two new publications to highlight climate-related and environmental risks in prudential supervision. Read more

NGFS

Assessment framework for supervision of compliance with the Single Customer View Policy Rule

In May 2020, we adopted the assessment framework for supervision of compliance with the requirements under the Single Customer View Policy Rule. Read more

Duty to register with the Banking Information Reference Portal to enter into force

The Dutch Senate adopted the Banking Information Reference Portal Act (Wet verwijzingsportaal bankgegevens) on 21 April 2020. It will soon enter into force. Banks providing accounts with Dutch IBANs are under a statutory duty to register with this portal. Read more

Betaalautomaat

National internet fraud reporting centre and customer due diligence

The coronavirus crisis has caused significant growth in the number of reports about rogue online traders. Reports filed with the National Internet Fraud Reporting Centre and the verification facility available on the Dutch police's website allow banks to search their customer portfolios and perform adequate customer due diligence. Read more

Payment service provision to online gambling operators

We have recently received indications that payment service providers engage in payment services to (foreign) online gambling operators. Read more

Schelp

News in brief

Relevant international publications; Data requests calendar Read more