Dutch pension funds are increasingly investing their assets in foreign investment funds. Whereas their holdings in Dutch investment fund units have been declining for some time, an increasing share of their assets is being allocated to foreign, especially European, investment funds.Read more
IFR/IFD – qualifying holdings
Published: 16 June 2021
Does DNB prohibit investment firms from holding qualifying holdings outside the financial sector in excess of the limits as referred to in Article 10(1) of the IFR?
No, we do not prohibit investment firms from holding qualifying holdings outside the financial sector in excess of the percentages of own funds as referred to in Article 10(1) of the IFR on the basis of Article 10(2) of the IFR. We considered that Article 10(1) already requires the value of qualifying holdings in excess of the limits to be deducted from the Common Equity Tier 1 capital. However, we retain the power to prohibit qualifying holdings in excess of the limits in specific cases.
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
In 2022, Dutch households again invested more in emerging markets such as South Africa, Brazil and China. Despite net purchases, the value of these investments decreased to €2,241 million at the end of 2022 due to price losses, down from a record €2,631 million at the end of 2021.Read more
De Nederlandsche Bank (DNB) assesses incumbent and prospective policymakers, such as management and supervisory board members, for fitness to fulfil their duties and whether their propriety is beyond doubt. In conducting our assessments, we also take any antecedents into account.Read more