Outdated browser

You are using an outdated browser. DNB.nl works best with:

18 April 2018 Supervision Supervision label Q&A


The flexible system allows fines to be reduced or increased. What examples of mitigating and aggravating circumstances can be given?


Pursuant to the Decree on Administrative Fines in the Financial Sector (Besluit bestuurlijke boetes financiële sector – Bbbfs), a fine may be reduced in proportion to the degree to which the non-compliant party cooperates in establishing the non-compliance and the measures that the non-compliant party has taken in response to the non-compliance to prevent recurrence. Examples of other mitigating and aggravating circumstances include the gravity or duration of the non-compliance, the degree to which blame can be attributed to the non-compliant party, the gain that the non-compliant party obtained on account of its non-compliance, the existence of any prior offences on the non-compliant party's part, and the size of the company.


  • Banks
  • Clearing institutions
  • Collective investment schemes
  • Insurers
  • Investment firms
  • Payment institutions
  • Pension funds
  • Trust offices