The fee charged for a DNO application applies regardless of whether DNB issues or rejects the application, the applicant withdraws the application during the procedure, or we cease consideration during the procedure.
Fees charged for consideration of a DNO application - Section 3:95 of the Wft
The fees charged depend on the type of target enterprise or institution, and the number of hours spent on processing the application.
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Type of enterprise
Type of fee
Fees
Settlement agent
None
EUR 0
Bank
<15 hours spent
EUR 1,600
>15 hours spent, but <150 hours spent
EUR 5,000
>150 hours spent
EUR 30,500
UCITS manager
Standard fee
EUR 1,600
Investment firm
Standard fee
EUR 1,600
Payment Institution
<15 hours spent
EUR 1,600
>15 hours pent, but <150 hours spent
EUR 5,000
>150 hours spent
EUR 30,500
Electronic money institution
<15 hours spent
EUR 1,600
>15 hours spent, but <150 hours spent
EUR 5,000
>150 hours spent
EUR 30,500
Special purpose reinsurance vehicle
<15 hours spent
EUR 1,600
>15 hours spent, but <150 hours spent
EUR 5,000
>150 hours spent
EUR 30,500
Defined contribution pension institution
<15 hours spent
EUR 1,600
>15 hours spent, but <150 hours spent
EUR 5,000
>150 hours spent
EUR 30,500
Insurance company
<15 hours spent
EUR 1,600
>15 hours spent, but <150 hours spent
EUR 5,000
>150 hours spent
EUR 30,500
Financial institution with a certificate of supervised status
<15 hours spent
EUR 1,600
>15 hours spent, but <150 hours spent
EUR 5,000
>150 hours spent
EUR 30,500
Payment Institution
<15 hours spent
EUR 1,600
>15 hours spent, but <150 hours
EUR 5.000
>150 hours spent
EUR 30,500
Fees for consideration of DNO application - Section 3:96 of the Wft
The fees charged for consideration of a DNO application for acts of a bank depend only on the duration of the consideration period. There is no distinction between the various acts for which a DNO application can be submitted. The following fees apply.
De Nederlandsche Bank (DNB) assesses incumbent and prospective policymakers, such as management and supervisory board members, for fitness to fulfil their duties and whether their propriety is beyond doubt. In conducting our assessments, we also take any antecedents into account.
Over a decade of research on behaviour and culture at banks. Much has improved, but executive and supervisory board members can become even more effective by devoting more time and attention to reflection.
The equity portfolios of Dutch pension funds and insurers have become significantly “greener” over the 2017-2020 period. This is mainly because investee companies have emitted less carbon over that period, according to an analysis by De Nederlandsche Bank (DNB).