For significant institutions, the ECB's procedures must be adhered to. As described above, DNB and the AFM work together in preparing and aligning their fit and proper assessments and assessment interviews. The ECB takes the final decision, based on the findings of the joint supervisory team (JST).
DNB will present the ECB with a draft decision, taking into account the AFM's recommendation. The ECB takes the final decision. The ECB will deviate from the national supervisory authority's draft decision only in exceptional cases.
Fit and proper assessments for non-significant institutions take place in the usual consultation with the AFM.
Dutch mortgage funds received €2 billion in new investments from institutional investors such as pension funds and insurers in the first three quarters of 2024, DNB figures show. This is less than in previous years and can be attributed to market interest rates having risen sharply during 2022.
Read more Investor interest in Dutch mortgage funds continues to decline
DNB has reviewed the identification and buffer requirements for systemically important banks and maintains the current requirements.
Read more DNB maintains buffers for systemically important banks
On 22 October 2024, De Nederlandsche Bank (DNB) imposed an administrative fine of €2,250,000 on Bybit Fintech Limited (Bybit). The fine was imposed because Bybit provided crypto services in the Netherlands without the legally required registration with DNB, which is against the law.
Read more Fine for Bybit Fintech Limited for offering crypto services in the Netherlands without the legally required registration until September 2023
On Tuesday 5th November from 3:00-4:45 PM CET DNB will organize a physical information session about fit and proper assessments.
Read more Information session about fit and proper assessments DNB
