The Decree on Market Access of Financial Undertakings (Besluit Markttoegang financiële ondernemingen Wft) implements the provisions of Part 2 (Market access of financial undertakings) and Part 1 (General provisions) of the Financial Supervision Act (Wet op het financieel toezicht).
In the Decree, the classification used in the Act has been observed, meaning that the rules are classified by activity. First, the rules governing access to the Dutch market are worked out, followed by those governing access to foreign markets.
Regarding applications for authorisation, section 2 provides that the application must be submitted using a form prescribed by the supervisory authority.
News item Dutch Deposit Guarantee
The risk methodology for the Dutch Deposit Guarantee has been amended and laid down in the ministerial regulation. The reason for the change was the evaluation of the risk methodology in 2021. The revised methodology applies from premium date 31 December 2022.
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News item Dutch Deposit Guarantee
On the 1st of December, DNB has published the final amendments to the two Policy Rules enabling a timely payout by the Deposit Guarantee Scheme (DGS). These amendments have been put up for public consultation in the fall of 2022
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News item supervision
In 2020, DNB modified the composition of the systemic buffer to better align them with the reviewed Capital Requirement Directive (CRD V). The systemic risk buffer (SRB) was abolished, and the buffer for Other Systemically Important Institutions (O-SII buffer) was amended where appropriate.
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