Beoordeling prudentieel toezicht VK voor toepassing art. 130(f) en 134(2) Bgfo

At the end of 2021, DNB determined that the prudential banking supervision in the United Kingdom provides sufficient safeguards for the interests intended to be protected by the law, as outlined in the Financial Supervision Decree for Financial Enterprises (Bgfo).
Specifically, DNB found that the prudential banking supervision in the UK ensures adequate protection for the interests outlined in Articles 130(f) and 134(2) of the Bgfo. Consequently, collective investment undertakings (UCITS) are still able to hold deposits with UK-domiciled banks, and they may incur a higher maximized counterparty risk in over-the-counter derivative transactions than if the third-country regime were not deemed equivalent.
A quarterly evaluation of this decision took place, and as of now, there is no reason to reconsider the judgment. Therefore, the assessment remains in effect indefinitely. However, the DNB will continue to monitor relevant changes or developments in prudential supervision in the United Kingdom. Any potential changes to the assessment will be announced in a timely manner.
DNB has also published an update of its corresponding Q&As.