The Good practice provides institutions on Bonaire, St Eustatius or Saba with handhelds in order to comply with relevant regulation.
This Good practice is a guidance document for the application of The Anti-Money Laundering and Anti-Terrorist Financing (BES) Act (Wet ter voorkoming van witwassen en financieren van terrorisme BES – Wwft BES).
This guide provides explanation on the requirements in relation to transaction monitoring, client acceptance, monitoring and review and gives examples on how institutions may include these requirements in their operational management.
The Good practice is available in Dutch, English and Papiamentu
Good Practice Wwft BES-Islands
Good Practice Wwft BES-islands (Papiamento)
De Nederlandsche Bank (DNB) issued an instruction on 29 September 2022 to trust office CIS Management B.V. (CIS) for serious deficiencies in its systematic integrity risk analysis (SIRA). DNB confirmed to CIS on 18 December 2023 that it had sufficiently complied with the instruction.
Read more Instruction issued to trust office CIS Management B.V. for serious shortcomings in its SIRA
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
The final texts of the Capital Requirements Regulation 3 (CRR3) and the Capital Requirements Delegation 6 (CRD6) were published on 19 June 2024. With this new banking package, the final Basel 3 reforms are implemented in the European Union.
Read more Publication new banking package CRR3/CRD6
