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01 January 2007 Supervision Supervision label Factsheet

The Decree on Prudential Supervision of Financial Groups (Besluit prudentieel toezicht financiële groepen Wft) provides further rules on the prudential supervision of financial groups.

The basic principles underlying the Decree can be found in Chapter 3.6 of the Financial Supervision Act (Wet op het financieel toezicht – Wft). The Decree is structured in the same way as that chapter, comprising paragraphs on consolidated supervision of investment firms and banks, supplementary supervision of life insurers and non-life insurers in an insurance group, supplementary supervision of insurers with limited risk in a group and supplementary supervision of financial conglomerates.

Sector(s)

  • Banks
  • Insurers
  • Investment firms