Responsible supervisor for fit and proper assessments

Factsheet
Read aloud

The assessments are performed by DNB or the AFM depending on the type of institution.

Published: 02 February 2026

  • Candidates are assessed by DNB if their proposed position is with one of the following institutions:
    • Bank
    • Central clearing counterparty
    • Clearing institution
    • Credit union
    • Dispensation holder (Section 3:5 of the Wft), such as a credit union as meant in Section 1:1 of the Wft
    • Electronic money institution
    • Exchange institution
    • Financial holding company
    • Financial institution
    • Funeral expenses and benefits in kind insurer
    • General pension fund
    • Insurance holding company
    • Insurer
    • Investment holdings
    • Life insurer
    • Issuer asset-referenced tokens
    • Mixed financial holding company
    • Non-life insurer
    • Occupational pension fund
    • Payment institution
    • Payment processing service provider
    • Pension fund
    • Premium pension institution
    • Reinsurer
    • Small-scale mutual association
    • Special purpose reinsurance vehicle
    • Trust office
    • Ultimate beneficial owner

  • Candidates are assessed by the AFM if their proposed position is with one of the following institutions:
    • Audit firms
    • Central securities depositories
    • Crypto asset service providers
    • Custodians
    • Financial service providers
    • Investment companies
    • Investment firms
    • Investment fund managers
    • Pension custodians, market operators
    • Third-country accounting
    • UCITS custodians
    • UCITS managers
    • Undertakings for collective investment in transferable securities (UCITS)

DNB and the AFM work closely together on the assessments, but form their opinions independently. If either authority arrives at a negative opinion, both institution and candidate will receive a provisional negative decision. Both the institution and the candidate may present their views in response to a provisional decision.

Discover related articles

Interesting articles