Update suitability matrix fit and proper assessments

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DNB has recently amended the suitability matrix for banks, insurers, payment institutions, investment holding companies, exchange institutions, electronic money institutions, central clearing counterparties, clearing institutions and payment processing service providers. As a result, the suitability matrix is more in line with the updated suitability policy rule. There is also more room for further explanation.

Published: 03 February 2025

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The amendments are intended to provide a more accurate picture of the suitability of individual directors and supervisory directors and of the collective within the financial institution. For the benefit of an efficient assessment process, it is important that the assessment file is sufficiently in-depth, specific and explicit so that DNB has sufficient guidance for forming an assessment of suitability. DNB expects that this will result in fewer additional information requests and/or that the necessity for an assessment interview is less likely. Both situations shorten the duration of the assessment and ease the burden for the candidate and the institution.

Please find the amended suitability matrix via Forms and formats | De Nederlandsche Bank.  More information about fit and proper assessments can be found on Fit and proper assessments. If you have any questions or comments, please send an email to toetsing.expertisecentrum@dnb.nl.

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