Consultation on Good practices – Guidance on prudential reporting for investment firms and investment fund managers

The aim of this guidance document is to provide investment firms and managers of investment funds and UCITS (referred to below as “institutions”) with an overview of good practices for prudential reporting. Institutions are required by law to submit prudential reports to De Nederlandsche Bank (DNB). The quality of the data we receive as part of these reports is essential to our work as a prudential supervisor. We therefore call on institutions to take additional measures to better ensure the quality of their prudential reporting.

What exactly is available for consultation?

We are putting up the full document for consultation. It sets out good practices in three areas:

1. Good practices on overarching governance and infrastructure
2. Good practices on regulatory prudential data aggregation processes
3. Good practices on correctness, clarity, usability, frequency and distribution of prudential reports

Respond?

You can respond until December 13th 2023. Responses on this consultation can be send to DNB through the e-mail address consultatie@dnb.nl. Please include ‘Consultation on Guidance on prudential reporting for investment firms and investment fund managers’ in the subject line. If you give us your written consent, we will publish your consultation response including your name and/or function. Without your written consent, we will only publish the content of your reaction and, where applicable, the name of your organisation. Thus without your name and/or function. You can revoke your consent at any time by e-mailing consultatie@dnb.nl.

For more information regarding the processing of your personal data by DNB and your rights under the GDPR please view our privacy note.

Adoption and publication of policy statement

After receipt, weighing and processing of the consultation responses DNB will decide on the adoption and publication of the final version of the consulted policy statement. DNB will communicate on the outcomes of this consultation through dnb.nl, including a feedbackstatement in which DNB (on an aggregated level) responds to the consultation responses. DNB will publish the content of the consultation responses on the website of DNB and where applicable including the name of the organisation. In case written consent is given, DNB shall publish the consultation responses including name and/or function.

Questions

Please contact us at consultatie@DNB.nl if you have any questions, stating in the subject line "Consultation on Good practices Guidance on prudential reporting for investment firms and investment fund managers."