Information session about fit and proper assessments DNB
On Tuesday 28th May from 3:00-4:45 PM CET DNB will organize an online information session about fit and proper assessments.
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Basic authorisation application procedure
Factsheet
When applying for a licence, you should bear in mind the following processing times. The time between submitting your application and receiving our decision differs for each application.
The statutory consideration period for an application to be authorised as an insurer is thirteen weeks. The consideration period will start when we have received your full application. We have learned from experience that the total application processing time tends to be longer than thirteen weeks. This is because the consideration period may be suspended if information is missing, or if your application prompts additional questions. We will then ask you to supply the additional information. Pursuant to the law, the consideration period is suspended and will not re-start until we have received all relevant information. If you do not supplement your application on request, or not sufficiently so, we may decide to cease consideration of your application within four weeks.
Quality
The time we need to process your application greatly depends on its quality and completeness, and the supplementary information that you provide. If for any reason we are unable to come to a decision before the set deadline, we will inform you accordingly. Generally speaking, we can say that the better the quality of your submitted application –both content and completeness – the quicker we can process it.
Contact
If you are considering submitting an application for a licence, please contact our Expert Centre on Market Access to announce your application and inquire after the expected processing time. You can contact the expert centre by email at: markttoegang@dnb.nl.
Interesting articles
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The professional oath in daily practice
How does one bring the professional oath to life in daily practice? Representatives from the financial sector and the supervisory authorities tackled this question at the DNB seminar on the professional oath in late 2022.
Read more The professional oath in daily practice -
Dutch insurers continue to invest less in bonds
Insurers in the Netherlands continued to sell direct investments in bonds in 2023, new figures from DNB show. For the fourth year in a row, insurers sold more bonds than they bought.
Read more Dutch insurers continue to invest less in bonds -
DNB and AFM: recommendations for a strong European Capital Markets Union
In view of our continued support for a deeper and more integrated European Capital Markets Union (CMU), De Nederlandsche Bank (DNB) and the Dutch Authority for the Financial Markets (AFM) present next steps to shape the right policies and create a competitive European capital market.
Read more DNB and AFM: recommendations for a strong European Capital Markets Union
