In 2020, DNB modified the composition of the systemic buffer to better align them with the reviewed Capital Requirement Directive (CRD V). The systemic risk buffer (SRB) was abolished, and the buffer for Other Systemically Important Institutions (O-SII buffer) was amended where appropriate. As of 29 December 2020, consequently, the following O-SII buffers apply: ING (2,5%), Rabobank (2%), ABN AMRO Bank (1,5%), and BNG and de Volksbank (1%).
DNB has decided, based on the yearly evaluation, that these buffers remain in force. CRD V Article 131 as well as Article 105c of the “Besluit prudentiële regels Wft (Bpr)” instruct DNB to evaluate the O-SII buffer at least once a year. This evaluation is conducted by DNB and has not led to changes in the applicable O-SII buffers. The next evaluation of the buffers is planned in the spring of 2023.
There are two new regulatory developments of relevance to banks regarding their crypto asset exposures. Firstly, the Capital Requirements Regulation 3 (CRR3) includes a transitional regime on banks’ direct crypto asset exposures.
Read more New rules for the crypto exposures of banks
The final texts of the Capital Requirements Regulation 3 (CRR3) and the Capital Requirements Delegation 6 (CRD6) were published on 19 June 2024. With this new banking package, the final Basel 3 reforms are implemented in the European Union.
Read more Publication new banking package CRR3/CRD6
On June 6th, DNB started the public consultation of the 2024 amendment round of the Deposit Guarantee Scheme (DGS) Policy Rules for banks. Parties are requested to submit responses to the consultation to DNB by 19 July at the latest.
Read more Start consultation amendments DGS Policy Rules 2024
This week, the European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) have published their final reports on greenwashing in the financial sector.
Read more European Supervisory Authorities publish reports on greenwashing in the financial sector
