The Decree on Conduct of Business Supervision of Financial Undertakings under the Wft (Besluit Gedragstoezicht financiële ondernemingen Wft) elaborates the provisions of part 4 of the Financial Supervision Act (Wet op het financieel toezicht / Wft), namely the part on the conduct of business supervision of financial undertakings. The rules in this decree are in principle set out per subject in the same order as in the part of the Act dealing with the conduct of business supervision of financial undertakings.
The Decree on Conduct of Business Supervision of Financial Undertakings under the Wft has the following 15 chapters:
Chapter 1 of the Decree includes the definitions of and the rules for holders of a dispensation as referred to in section 4:3 of the Financial Supervision Act. This concerns a prohibition against performing, in the Netherlands or from the Netherlands in another Member State, an information society service as referred to in article 15d(3) of Volume 3 of the Dutch Civil Code (Burgerlijk Wetboek) in the pursuit of a profession or business as an intermediary to acquire or receive, beyond a closed circle, repayable funds from parties other than professional market operators, as well as a section about reporting on the affiliation of institutions with a holder of a group authorisation.
Chapters 10 to 14 include rules based on provisions from Chapter 4.3 of the Financial Supervision Act. These rules contain additional provisions regarding certain financial services.
Dutch mortgage funds received €2 billion in new investments from institutional investors such as pension funds and insurers in the first three quarters of 2024, DNB figures show. This is less than in previous years and can be attributed to market interest rates having risen sharply during 2022.
Read more Investor interest in Dutch mortgage funds continues to decline
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 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
