18-02-2011 Amendment of Balance of Payments Reporting Instructions 2003 (RI 2003)

The Balance of Payments Reporting Instructions (RI 2003) have been amended with effect from 1 January 2011. The text in the download below (only available in Dutch), which was published in the Staatscourant [Dutch Government Gazette] on 31 December 2010, provides a point-by-point explanation of the amendments concerned. The complete RI 2003 (available in English) and the corresponding Wet financiële betrekkingen buitenland 1994 [Foreign Financial Relations Act 1994] can be found on www.dnb.nl, Publications, Acts and regulations (http://www.dnb.nl/en/publications/acts-and-regulations/index.jsp).

As of 1 January 2011, a selected group of institutions with reporting profile NFV will be asked to submit a consolidated report. This consolidated report must include all legal entities reporting under the NFV profile in which the Dutch parent holds more than half of the voting capital or in which, under supplementary regulations, the Dutch parent has a decisive say in the legal entity’s management and financial policy. In the course of 2011, the selected group of institutions will be extended and these instructions will apply for all reporting institutions with reporting profile NFV. The institutions concerned will be notified accordingly by DNB.

Should you have questions further to the above, please contact your account manager or send an e-mail to sir.dra@dnb.nl.