Anually, financial institutions report under the Investor Compensation Scheme (ICS) on the investment value of their non-professional clients. With effect from the upcoming data request, two changes have been implemented. This concerns the data request relating to 2025, which will take place in the first quarter of 2026. Additionally, we share the results of the data request for 2024.
For the upcoming cycle, DNB has developed an XBRL taxonomy. XBRL (eXtensible Business Reporting Language) is an international standard that allows financial and business data to be exchanged in a structured, transparent, and automated manner. The new taxonomy improves data quality and enables DNB to process reports more quickly and efficiently.
To ease the burden on the sector, it is possible to submit the report using an Excel template, with DNB handling the transformation to XBRL. If desired, it is also possible to submit directly in XBRL. Reports must now be submitted via Mijn DNB – Service Reports. More information about the taxonomy will follow in the autumn with the letter regarding the annual data request.
From now on, the data request will cover all four quarters of the calendar year, whereas previously only the fourth quarter was collected. This expansion allows DNB to gain insight into interim fluctuations and annual averages.
The upcoming data request will therefore cover the following reference dates:
The 2025 report, with a reference date of 31 December 2024, shows that the total value of investments covered by the ICS has decreased by 6% compared to the previous year. According to the data, the covered assets this year amounted to EUR 23.122 million. The report includes both banks and other financial institutions. The share of non-bank institutions in the total covered investments is EUR 3.486 million.
For potential compensation of investors in the event of failure of these institutions, a fund has been established as part of the ICS. The fund is managed by the Stichting Beleggers Compensatiefonds with support from DNB. During the build-up phase, the fund was financed through contributions from the sector. Since then, the foundation only receives entry fees from new participants. Currently, the fund amounts to EUR 12.8 million.
06 March 2025
Sustainable Finance Platform
The Climate Adaptation Working Group of the Platform for Sustainable Finance has been working hard over the past year to follow up on recommendations from the report 'Accelerating climate adaptation'.
Read more 2024 progress report: Climate Adaptation Working Group is making headway
06 September 2024
News item supervision
In light of the IFR/IFD Review, the Dutch Ministry of Finance, the Dutch Authority for the Financial Markets (AFM) and De Nederlandsche Bank (DNB) present recommendations for the review of the Investment Firms Regulation (IFR) and the Investment Firms Directive (IFD).
Read more The Dutch Ministry of Finance, the AFM and DNB: recommendations for the review of the prudential framework for investment firms
25 July 2024
We have established that in many cases the quality of prudential reporting has room for improvement. Therefore, we have published good practices on data quality.
Read more Good Practices on data quality put up for consultation
10 July 2024
Embedded finance offers customers the convenience of in-app payment options and on-the-spot insurance. This seamless integration of financial services, available exactly when and where they are needed, makes life simpler. But this innovation also entails new risks.
Read more Embedded finance: striking a balance between convenience and risk in the digital economy