Information session about fit and proper assessments DNB
On Tuesday 28th May from 3:00-4:45 PM CET DNB will organize an online information session about fit and proper assessments.
Read more Information session about fit and proper assessments DNB
On-site supervision of pension funds and insurers
Factsheet
DNB works towards solid and sound financial institutions and therefore supervises pension funds and insurers. On-site supervision is one of the supervisory tools available to DNB.
The on-site investigation is an in-depth supervisory investigation that largely takes place on location at a financial institution. It is complementary to regular account supervision and focuses on specific topics or themes at one or more institutions. The investigation is characterised by, among other things:
- A high intensity with a dedicated and independent investigation team
- A high degree of flexibility in the scope of the investigation
- Identification of risks tested against the legal framework
- A final report focused on starting points for concrete improvements
DNB's supervision is risk-based. This means that the choices DNB makes in its supervision depend, among other things, on the impact class of a pension fund or an insurer. The impact class in turn depends on the importance of this institution for the stability of the financial system. An on-site investigation focuses on institutions with a medium to high impact class.
Brochure
DNB has developed a brochure to help pension funds and insurers better prepare for such investigations. We would like to refer you to this brochure for further explanation on, for instance, the investigation process and what DNB expects from a pension fund or an insurer during an on-site investigation.
Are you curious about other information on DNB's supervision besides on-site investigations? For more information on our ATM process see the brochure Redesigned supervisory approach.
For more information on on-site supervision of banks see Guide to on-site inspections and internal model investigations (europa.eu).
Interesting articles
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The professional oath in daily practice
How does one bring the professional oath to life in daily practice? Representatives from the financial sector and the supervisory authorities tackled this question at the DNB seminar on the professional oath in late 2022.
Read more The professional oath in daily practice -
Dutch insurers continue to invest less in bonds
Insurers in the Netherlands continued to sell direct investments in bonds in 2023, new figures from DNB show. For the fourth year in a row, insurers sold more bonds than they bought.
Read more Dutch insurers continue to invest less in bonds -
DNB and AFM: recommendations for a strong European Capital Markets Union
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 DNB and AFM: recommendations for a strong European Capital Markets Union
