Sector news - Premium Pension institutions Mon, 08 Nov 2021 10:17:51 GMT Mon, 05 Feb 2024 12:00:00 GMT https://www.dnb.nl/en/ Dutch pension funds can meet margin calls on derivatives, but depend on functioning money markets In the event of a large, sudden drop in the value of derivatives, Dutch pension funds do not need to resort to an extensive sell-off of assets. They have enough liquidity sources to meet margin calls, which are obligations arising from value changes in their derivatives. Mon, 05 Feb 2024 12:00:00 GMT https://www.dnb.nl/en/sector-news/supervision-2024/dutch-pension-funds-can-meet-margin-calls-on-derivatives-but-depend-on-functioning-money-markets/ DNB submits new anti-money laundering approach to financial sector Supervisory authority De Nederlandsche Bank (DNB) is submitting a new anti-money laundering approach to financial institutions and other stakeholders as part of a public consultation. In a policy document presented today [...] Wed, 18 Oct 2023 12:00:00 GMT https://www.dnb.nl/en/sector-news/old/supervision-2023/dnb-submits-new-anti-money-laundering-approach-to-financial-sector/ Sanctions Act examinations: room for improvement, but sector shows strong commitment to compliance DNB has conducted a series of examinations to assess financial institutions’ compliance with sanctions regulations and, more specifically, whether their compliance operations are fit for purpose. We are happy to share the results of these investigations. Wed, 31 May 2023 12:00:00 GMT https://www.dnb.nl/en/sector-news/old/supervision-2023/sanctions-act-examinations-room-for-improvement-but-sector-shows-strong-commitment-to-compliance/ New: status of your assessment application with DNB Did you know that you can track the status of your assessment application in My DNB? As of 11 May 2023 you can see the status of your assessment application in My DNB – Supervisory Applications Service. Thu, 11 May 2023 12:00:00 GMT https://www.dnb.nl/en/sector-news/old/supervision-2023/new-status-of-your-assessment-application-with-dnb/ Integrity survey response deadline postponed We hereby inform you that DNB has experienced a delay in implementing the new portal to be used for supervisory surveys. Unfortunately, this affects the date that the integrity supervisory survey for your institution will become available in MijnDNB. Tue, 04 Apr 2023 12:00:00 GMT https://www.dnb.nl/en/sector-news/old/supervision-2023/integrity-survey-response-deadline-postponed/ Join us for the online demo: Qualitative Surveys Service On 21 March, an online demo of the new qualitative surveys service will take place at 16:00h. Tue, 14 Mar 2023 12:00:00 GMT https://www.dnb.nl/en/sector-news/old/supervision-2023/join-us-for-the-online-demo-qualitative-surveys-service/ Continuous notification requirement for antecedents De Nederlandsche Bank (DNB) assesses incumbent and prospective policymakers, such as management and supervisory board members, for fitness to fulfil their duties and whether their propriety is beyond doubt. In conducting our assessments, we also take any antecedents into account. Wed, 01 Feb 2023 12:00:00 GMT https://www.dnb.nl/en/sector-news/old/supervision-2023/continuous-notification-requirement-for-antecedents/ Lessons from first European pension sector climate stress test For pension institutions, understanding the potential impact of climate risks is key. A climate stress test can help them understand those risks. European insurance and pension fund supervisor EIOPA has conducted such a stress test for the European pension sector for the first time. Tue, 13 Dec 2022 12:00:00 GMT https://www.dnb.nl/en/sector-news/old/supervision-2022/lessons-from-first-european-pension-sector-climate-stress-test/ Consultation on the Guide to managing climate and environmental risks The consultation version of the "Guide to managing climate and environmental risks" was released on 24 October 2022 in Dutch. Now also the English translation is published. Market participants have until 18 December 2022 to respond to this version. Mon, 24 Oct 2022 12:00:00 GMT https://www.dnb.nl/en/sector-news/old/supervision-2022/consultation-on-the-guide-to-managing-climate-and-environmental-risks/ Sanctions against Russia (status 7 October 2022) On 6 October 2022, the European Union imposed new sanctions against Russia. As this is an extraordinary situation, we are providing a brief explanation in this news release. Below, we discuss the sanctions in force on 7 October 2022 at the time of writing. Thu, 13 Oct 2022 12:00:00 GMT https://www.dnb.nl/en/sector-news/old/supervision-2022/sanctions-against-russia-status-7-october-2022/ Sanctions screening Previous DNB policy statements may be read to mean that, in the context of sanctions screening, not all relationships must be screened. This is an incorrect conclusion, and DNB will therefore amend the relevant policy statements shortly. Fri, 16 Sep 2022 12:00:00 GMT https://www.dnb.nl/en/sector-news/old/supervision-2022/sanctions-screening/ Please complete the survey on overlap between the AFM’s and DNB’s information requests We would value hearing your views if you have noticed overlap in the information and reporting requests from AFM and DNB. We have made a survey on this subject available to help us identify possible duplication. Thu, 14 Jul 2022 12:00:00 GMT https://www.dnb.nl/en/sector-news/old/supervision-2022/please-complete-the-survey-on-overlap-between-the-afm-s-and-dnb-s-information-requests/ DNB & AFM Sanctions Alert – State of affairs concerning Russia and Ukraine – 24 February 2022 DNB & the AFM jointly inform you about the state of affairs regarding the European sanctions against Russia. This news item only relates to new sanctions and/or changes to existing sanctions regimes concerning the situation in Ukraine. Tue, 26 Apr 2022 07:14:34 GMT https://www.dnb.nl/en/sector-news/old/supervision-2022/dnb-afm-sanctions-alert-state-of-affairs-concerning-russia-and-ukraine-24-february-2022/ DNB & AFM Sanctions Alert – State of affairs concerning Russia and Ukraine – 14 April 2022 DNB and the AFM jointly inform you about the state of affairs regarding the European sanctions. This news item only relates to new sanctions and/or changes to existing sanctions regimes concerning the situation in Ukraine. Thu, 14 Apr 2022 12:00:00 GMT https://www.dnb.nl/en/sector-news/old/supervision-2022/dnb-afm-sanctions-alert-state-of-affairs-concerning-russia-and-ukraine-14-april-2022/ Sanctions against Russia (status 12 April) On 8 April 2022, the European Union imposed new sanctions against Belarus and Russia. As this is an extraordinary situation, we are providing a brief explanation in this news release. Below, we discuss the sanctions in force at the time of posting of this news release. Tue, 12 Apr 2022 12:00:00 GMT https://www.dnb.nl/en/sector-news/old/supervision-2022/sanctions-against-russia-status-12-april/ DNB shares cybersecurity observations in the annual Information Security monitor 2021 DNB considers information security and the associated cyber risks to be one of the key strategic risks in financial institutions. Currently Many institutions and security providers warn of an increased cyberthreat to Western vital organisations. Tue, 22 Mar 2022 12:00:00 GMT https://www.dnb.nl/en/sector-news/old/dnb-shares-cybersecurity-observations-in-annual-information-security-monitor-2021/ Sanctions against Russia - update (status 17 March) All sanctions list hits must be reported to DNB, not just freeze transactions/sanctions. In this update, we will further discuss the 15 March 2022 sanctions package. Thu, 17 Mar 2022 12:00:00 GMT https://www.dnb.nl/en/sector-news/old/supervision-2022/sanctions-against-russia-update-status-17-march/ What does DNB expect institutions to do if they encounter a hit? What are the obligations for complying with the Sanctions Act and what should you do if you encounter a hit? Fri, 04 Mar 2022 12:00:00 GMT https://www.dnb.nl/en/sector-news/old/supervision-2022/what-does-dnb-expect-institutions-to-do-if-they-encounter-a-hit/ Sanctions against Russia (status 4 March) On 28 February and 2 March 2022, the EU imposed new sanctions against Russia. As this is an extraordinary situation, we are providing a brief explanation in this news release. Below, we discuss the sanctions in force on 4 March 2022 at the time of dispatch. Fri, 04 Mar 2022 12:00:00 GMT https://www.dnb.nl/en/sector-news/old/supervision-2022/sanctions-against-russia-status-4-march/ Sanctions against Belarus and Russia (status 11 March) On 9 March 2022, the European Union imposed new sanctions against Belarus and Russia. As this is an extraordinary situation, we are providing a brief explanation in this newsletter. Below, we discuss the sanctions in force on 11 March 2022 at the time of dispatch. Fri, 04 Mar 2022 12:00:00 GMT https://www.dnb.nl/en/sector-news/old/supervision-2022/sanctions-against-belarus-and-russia-status-11-march/ DNB & AFM Sanctions Alert – State of affairs concerning Russia and Ukraine – 26 February 2022 DNB & the AFM jointly inform you about the state of affairs regarding the European sanctions against Russia. This news item only relates to new sanctions and/or changes to existing sanctions regimes concerning the situation in Ukraine. Sat, 26 Feb 2022 12:00:00 GMT https://www.dnb.nl/en/sector-news/old/supervision-2022/dnb-afm-sanctions-alert-state-of-affairs-concerning-russia-and-ukraine-26-february-2022/