Based on self-assessments and examinations, we have assessed how effectively banks and payment institutions are managing cyber risk. We observed three areas that currently need additional attention.Read more
Electronic money institutions having their registered offices in other member states
Published: 24 February 2017
Non-resident electronic money institutions must first complete the notification procedure of the supervisory authority in their member state of origin before they are permitted to operate in the Netherlands under their European passport. The relevant supervisory authority will then forward its notification to DNB.
Non-resident electronic money institutions are required to comply with Dutch laws and regulations. The European passport is only valid in EEA countries. These are the European Union member states, Liechtenstein, Norway and Iceland.
Electronic money institutions having their registered offices in member states other than the Netherlands that want to provide services from a branch office in the Netherlands, or provide services to the Netherlands are not permitted to issue electronic money by way of an agent, but they are permitted to provide services by way of an authorised agent in the Netherlands. This requires authorisation from the supervisory authorities in the member state from which it operates.
Applying for authorisation
DNB has conducted a series of examinations to assess financial institutions’ compliance with sanctions regulations and, more specifically, whether their compliance operations are fit for purpose. We are happy to share the results of these investigations.Read more
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.Read more
De Nederlandsche Bank’s (DNB) new Guide to managing climate and environmental risks provides the financial sector with focal points and good practices. The Guide incorporates feedback from the sector and NGOs collected during the consultation round.Read more