Dutch households are putting more and more money in bank accounts abroad, according to the latest quarterly figures from DNB and the ECB. Countries where savings rates have recently risen are particularly popular among Dutch savers.Read more
DNB's application of the ECB Guide on climate-related and environmental risks for banks
Published: 10 December 2020
Latest update: 11 May 2023
Following the ECB's recommendation, we apply the ECB Guide on climate-related and environmental risks in our supervision of less significant institutions (LSIs). In doing so, we follow the approach that the ECB applies to the significant institutions (SIs) under its direct supervision.
In early 2021, we asked the Dutch LSIs to complete a self-assessment. The purpose of this self-assessment was for banks to evaluate their own working methods based on the expectations outlined in the Guide and to draw up an action plan. We have evaluated these self-assessments and plans and questioned the banks about them as part of our supervisory dialogue.
The ECB's Guide to climate-related and environmental risks was published on 27 November 2020. It was developed jointly by the ECB and the national competent authorities (including DNB) with the aim of ensuring the consistent application of high supervisory standards across the euro area. The Guide outlines the ECB's recommendations regarding the safe and prudent management of climate-related and environmental risks within the existing prudential framework. The Guide is not binding on institutions, but is intended as a starting point for the supervisory dialogue.
The ECB recommends that the national competent authorities apply the expectations described in the Guide in their supervision of LSIs, taking into account the nature, size and complexity of the activities of the institutions concerned. We follow the ECB recommendation. In April 2020, we published a Good Practices on the integration of climate-related risk considerations into banks’ risk management. Our application of the ECB Guide is complementary to, and in line with, this Good Practices document.
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
On 31 May 2023, we announced an increase in the countercyclical capital buffer (CCyB) to 2%. Accordingly, banks with loans outstanding in the Netherlands must comply with this requirement by 31 May 2024. Since this announcement the risk environment has not changed substantially.Read more