Dutch institutional investors such as pension funds, investment funds and insurers kept their investments in risky bonds roughly the same over the past 12 months. This is a break from previous years: since 2019, large investors had expanded their exposure to what are termed high-yield bonds.Read more
Policy Rule on Suitability 2012
Published: 13 February 2020
The Policy Rule on Suitability 2012 (Policy Rule) clarifies what the supervisory authorities understand by “suitability” and which aspects are taken into account in assessing the fitness and propriety of a policymaker. The Policy Rule also clearly states when policymakers must or can be assessed and what information and antecedents the supervisory authorities take into account during such an assessment.
On 8 March 2023, the Policy Rule was amended following changes in European and national laws and regulations and the entry into force of European guidelines. This amendment is an update and does not change the existing assessment policy of DNB and the AFM, nor the scope or target group of this assessment policy other than as a result of the legislation.
Market participants had an opportunity to respond to the intended changes between 15 July and 15 September 2022. The feedback statement below sets out the key points from the responses received as well as comments from DNB and the AFM on these responses. The amended Policy Rule was published in the Government Gazette on 31 March 2023 and entered into force on April 1st. The amended Policy Rule can be found below and can also be viewed (in Dutch) at: wetten.nl - Regeling - Beleidsregel geschiktheid 2012.
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 [...]Read more
The Dataloop application for Solvency II insurers will go live in My DNB on 1 November. Dataloop offers you an improved user experience when interacting with DNB on supervisory reports, and DNB can use Dataloop to assess report data quality more efficiently.Read more