DNB exercises supervision on financial undertakings on the basis of information supplied by or about these undertakings or the persons involved in them. This information is generally confidential in nature. The Financial Supervision Act (Wet op het financieel toezicht (Wft)) therefore provides for the principle that confidential information is secret and that this information shall remain within DNB. In certain exhaustively listed cases, however, DNB is permitted to supply confidential information to specific persons or bodies.
Pursuant to Section 1:90 of the Wft, DNB may provide confidential information to other financial supervisors in or outside the Netherlands. To use this provision, a number of conditions must first be met, which are described in Section 1:90(1) of the Wft.
Sections 1:91 and 1:92 provide for the competence to supply confidential data in the context of an insolvency procedure, such as a bankruptcy proceeding or the emergency regulation.
Chapter 1.3 of the Wft contains specific instructions for the exchange of information with other supervisory authorities. A distinction is made between the supervisory authorities of other Member States and those of non-Member States.
Chapter 1.3 of the Wft also provides for instructions governing the supply of information to the Commission of the European Communities. This information may relate to, for instance, the granting of an authorisation, the granting of a declaration of no-objection and general difficulties which financial undertakings may encounter.
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
In light of the IFR/IFD Review, the Dutch Ministry of Finance, the Dutch Authority for the Financial Markets (AFM) and De Nederlandsche Bank (DNB) present recommendations for the review of the Investment Firms Regulation (IFR) and the Investment Firms Directive (IFD).
Read more The Dutch Ministry of Finance, the AFM and DNB: recommendations for the review of the prudential framework for investment firms
