Previous DNB policy statements may be read to mean that, in the context of sanctions screening, not all relationships must be screened. This is an incorrect conclusion, and DNB will therefore amend the relevant policy statements shortly.Read more
Real estate valuations in the financial sector
How does DNB deal with real estate valuations in the financial sector?
We believe it is important that the banks, insurers and pension funds under our supervision apply sound real estate valuation procedures. This means valuers must meet specific quality criteria. The AFM's Guidance on Real Estate Valuations (Leidraad Vastgoedtaxatie, in Dutch only) gives an adequate overview of these criteria.
- Investment firms
- Pension funds