In view of our continued support for a deeper and more integrated European Capital Markets Union (CMU), De Nederlandsche Bank (DNB) and the Dutch Authority for the Financial Markets (AFM) present next steps to shape the right policies and create a competitive European capital market.Read more
Good practice intragroup-relationships in the insurance sector
Published: 22 July 2019
Intra-group agreements and positions between insurers and other group entities (hereinafter: IGRs) may pose risks to the solidity of an insurer and the solidity of the group to which the insurer belongs. For this reason, De Nederlandsche Bank supervises IGRs in groups. In certain circumstances IGRs may pose an obstacle to the resolution of an insurer or the entire group as referred to in the Act on the recovery and resolution of insurers (“Wet herstel en afwikkeling van verzekeraars”).
This Good Practice is a revision of the ‘normenkader intragroepsovereenkomsten en –posities van verzekeraars’. DNB publishes such guidance to offer an insight into the relevant legal and regulatory requirements and DNB’s expectations of institutions in implementing these requirements.
Should there be any discrepancies between the Dutch and the English version of this good practice document, the Dutch version shall prevail.
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
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