The Financial Action Task Force (FATF) released two documents, indicating jurisdictions with strategic deficiencies in their anti-money laundering and combating the financing of terrorism (AML/CFT) regimes.Read more
Authorisation as an electronic money institution – (overview)
Dutch consumers and the economy as a whole stand to benefit from a varied range of financial products and services, which is why we welcome new and innovative parties on the market. A safe, innovative, reliable and responsible financial sector can contribute to sustainable prosperity in the Netherlands, which is what De Nederlandsche Bank (DNB) seeks to achieve.
Any party issuing electronic money in the Netherlands must either hold the appropriate authorisation issued by DNB or be excepted or exempted from the authorisation requirement. Electronic money institutions may start operations only after DNB has issued its authorisation or after it has entered the institution in the register as an exempt electronic money institution, unless it is exempted and does not need authorisation by law.
This section of Open Book on Supervision provides electronic money institutions with information about market access. You will also find explanatory notes to the concepts and statutory provisions that are relevant to market access and authorisation for parties providing electronic money.
If you are an innovative financial services or products provider, you can visit the InnovationHub, a joint initiative of supervisors DNB and the Authority for the Financial Markets (AFM), with any questions you may have about the applicability of rules and regulations.
The InnovationHub offers innovative entrepreneurs and incumbent market participants the opportunity to discuss regulatory issues directly with the relevant supervisory authority, irrespective of whether they are subject to supervision. The InnovationHub aims to facilitate innovation in the financial sector
Please feel free to contact us if you have any questions. You can reach us in several ways:
De Nederlandsche Bank NV
Expert Centre on Market Access
PO Box 98
1000 AB Amsterdam
DNB Information Desk, open on business days between 9:00 am and 5:00 pm (0800 020 10 68 in the Netherlands, or +31 20 524 91 11 if calling from abroad).
firstname.lastname@example.org (please state your name, address and telephone number)
We will not consider anonymous questions.
Applying for authorisation
The consultation version of the "Guide to managing climate and environmental risks" was released on 24 October 2022 in Dutch. Now also the English translation is published. Market participants have until 18 December 2022 to respond to this version.Read more
On 6 October 2022, the European Union imposed new sanctions against Russia. As this is an extraordinary situation, we are providing a brief explanation in this news release. Below, we discuss the sanctions in force on 7 October 2022 at the time of writing.Read more