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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Published: 10 February 2022
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We are replicating the ECB's decision to let the relief measures for the leverage ratio expire with regard to the less significant credit institutions (LSIs) under our direct supervision. This means LSIs must reinclude central bank exposures when calculating their leverage ratio after 31 March 2022. The relief measure expires because there are no longer exceptional circumstances caused by the COVID-19 pandemic that justify excluding central bank exposures.
We also expect, as does the ECB, that the relief measure allowing banks to use their capital buffers and Pillar 2 Guidance (P2G) will not be extended either for the LSIs under our direct supervision. This means that from 1 January 2023, LSIs are also expected to operate above the level of their Combined Buffer Requirement and their P2G. This early communication is planned to provide time for institutions to meet their P2G targets and design appropriate capital plans.
For more information, please call Tobias Oudejans at +31 20 524 3100 or +31 6 524 96 961.
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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