Under the Wwft, providers of services for the exchange between virtual and regular currencies, or custodian wallets, must register, irrespective of whether they are new players or incumbent licensed financial institutions. Institutions that hold a licence from DNB or the AFM, for example under the Financial Supervision Act (Wet financieel toezicht – Wft) or the Act on the Supervision of Trust Offices (Wet toezicht trustkantoren – Wtt), must still register.
Registration takes place under the Wwft, and DNB assesses whether an institution acts in accordance with the Wwft in providing these services. If DNB finds that it does, we will list it as a provider of services for the exchange between virtual and regular currencies, a provider of custodian wallets, or both, in the public register.
Significant risks may still emerge in respect of requirements set out in the Wft or the Wtt. For example, the relevant supervisory authority may require that operational risks emerging from the provision of services for the exchange between virtual and regular currencies are adequately managed. We recommend that licensed institutions planning to provide such services contact the relevant supervisory authority in good time.
News item supervision
Did you know that you can track the status of your assessment application in My DNB? As of 11 May 2023 you can see the status of your assessment application in My DNB – Supervisory Applications Service.
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News item supervision
We hereby inform you that DNB has experienced a delay in implementing the new portal to be used for supervisory surveys. Unfortunately, this affects the date that the integrity supervisory survey for your institution will become available in MijnDNB.
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News item supervision
On 21 March, an online demo of the new qualitative surveys service will take place at 16:00h.
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