De Nederlandsche Bank N.V. (DNB) imposed an administrative fine on Aegon Bank N.V. (Knab) on 5 February 2024.Read more
Initial assessment – assessing fitness
Published: 13 July 2017
When assessing fitness, De Nederlandsche Bank (DNB) determines whether a candidate has sufficient relevant knowledge and skills and displays the required professional behaviour to perform the job. We establish this based on education, work experience and competencies.
Fitness assessments are performed as part of all proposed appointments of management or supervisory board members at supervised institutions, or if incumbent management or supervisory board members change position or remit within the same institution. Fitness assessments are specific to the position. This means that the assessment considers i) the specific position of the candidate ii) the nature, size, complexity and risk profile of the institution and iii) the composition and functioning of the board as a whole.
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
In the event of a large, sudden drop in the value of derivatives, Dutch pension funds do not need to resort to an extensive sell-off of assets. They have enough liquidity sources to meet margin calls, which are obligations arising from value changes in their derivatives.Read more