The Anti-Money Laundering and Anti-Terrorist Financing Act (Wet ter voorkoming van witwassen en financieren van terrorisme – Wwft) allows the laying down of further rules by ministerial regulation. The Regulation implementing the Wwft (Uitvoeringsregeling Wwft) uses this option.
It discusses exceptions to the customer due diligence requirements and provides for the option of simplified customer due diligence. It also elaborates on the statutory provisions governing customer identity verification, on the Committee on the obligation to disclose unusual transactions (Commissie inzake de meldingsplicht van ongebruikelijke transacties), and on a Wwft compliance exemption. In addition, the Regulation implements a number of technical amendments in various other ministerial and other regulations.
DNB has reviewed the identification and buffer requirements for systemically important banks and maintains the current requirements.
Read more DNB maintains buffers for systemically important banks
On 22 October 2024, De Nederlandsche Bank (DNB) imposed an administrative fine of €2,250,000 on Bybit Fintech Limited (Bybit). The fine was imposed because Bybit provided crypto services in the Netherlands without the legally required registration with DNB, which is against the law.
Read more Fine for Bybit Fintech Limited for offering crypto services in the Netherlands without the legally required registration until September 2023
On Tuesday 5th November from 3:00-4:45 PM CET DNB will organize a physical information session about fit and proper assessments.
Read more Information session about fit and proper assessments DNB
On 30 September 2024, DNB published the amendments to the two policy rules for the deposit guarantee scheme (DGS). These amendments were publicly consulted in June 2024.
Read more Adoption of the 2024 amendments to the Policy Rules for the Deposit Guarantee Scheme
