Financial institutions often serve many different customers in many different sectors, including customers in sectors with higher inherent integrity risks. The sector in which a customer operates is one of the factors that a financial institution...Read more
Policy Rule on Maximising the deposit and exposures ratio under the Wft
Policy Rule of 11 February 2014 issued by De Nederlandsche Bank N.V. on maximising the ratio of deposits and exposures in non-Member States.
The purpose of this policy rule is to ensure that deposits covered under the Dutch deposit guarantee scheme are not invested excessively in non-Member States. The policy rule introduces an upper limit for banks licensed in the Netherlands with respect to their function as an intermediary for deposits raised in the Netherlands under the deposit guarantee scheme and invested outside the Member States in high-risk markets.
- Investment firms