Previous DNB policy statements may be read to mean that, in the context of sanctions screening, not all relationships must be screened. This is an incorrect conclusion, and DNB will therefore amend the relevant policy statements shortly.Read more
Financial Supervision Act
The Financial Supervision Act (Wet op het financieel toezicht - Wft) regulates supervision of almost the entire financial sector in the Netherlands. The Wft comprises a large number of rules and regulations for financial markets and their supervision.
Today, DNB published a Q&A describing policy on sanctions screening for (incoming and outgoing) crypto transactions.Read more
Dutch pension funds sold €88 billion worth of assets in the first half of 2022, according to figures from DNB. They used part of the proceeds to meet the margin requirements under derivatives contracts, which had risen due to increased interest rates.Read more