Banks can apply for an umbrella declaration of no-objection (umbrella DNO) for all indirect holdings acquired or to be acquired through a company or subsidiary company.
Umbrella DNOs are only possible for banks acquiring or expanding a qualifying holding in a target company under Section 3:96 of the Wft. An umbrella DNO not only covers the qualifying holding your bank wishes to acquire in the target company, but also the qualifying holdings that the target company in question already has acquired or intends to acquire.
DNB is extending the period during which it will take no enforcement action on the boundary between the banking book and the trading book.
Read more DNB extends non-enforcement period with respect to boundary between banking book and trading book
We have established that in many cases the quality of prudential reporting has room for improvement. Therefore, we have published good practices on data quality.
Read more Good Practices on data quality put up for consultation
There are two new regulatory developments of relevance to banks regarding their crypto asset exposures. Firstly, the Capital Requirements Regulation 3 (CRR3) includes a transitional regime on banks’ direct crypto asset exposures.
Read more New rules for the crypto exposures of banks
Embedded finance offers customers the convenience of in-app payment options and on-the-spot insurance. This seamless integration of financial services, available exactly when and where they are needed, makes life simpler. But this innovation also entails new risks.
Read more Embedded finance: striking a balance between convenience and risk in the digital economy
