Events listed in [DNB] Centralbank of the Netherlands
Datakwaliteit prudentiële rapportages
ID 25684
DNB has requested investment firms and investment fund managers to report any issues encountered in filling out prudential reports (FINREP and IFREP) to DNB. Previous announcements have highlighted concerns about data quality in these reports submitted by the mentioned entities. Errors in these reports have been identified through DNB’s inspections, potentially leading to unreliable or incomparable information**, hindering the assessment of the financial situation ...
TRANSITIENIEUWS – Invaarsjabloon voor indiening invaarbesluit bij DNB definitief
ID 25625
DNB published in its Newsletter decisions regarding the transfer of pension plans, which are now to be submitted electronically to DNB using the Notification Form for Transfer Decision and Implementation Plan for Pension Funds. The template for the transfer decision has been finalized after consultation with the sector, incorporating feedback received. The goal of this template is to provide both DNB and pension funds ...
TRANSITIENIEUWS – Proces voor partiële beoordeling is ingericht
ID 25618
DNB, in collaboration with the pension sector, has introduced a process for partial assessment, allowing pension funds to submit specific parts of their entry decision for early review to DNB. The purpose of partial assessments is to provide clarity to pension funds on completed subtopics before the entry notification, contributing to an efficient transition process. The **assessment for the final entry notification is based ...
DNB ziet operationele cyberweerbaarheid in de pensioensector nog onvoldoende ...
ID 25566
DNB published their findings in a sector-wide analysis on information security for 2023 among Dutch pension funds and pension execution organizations. It is highlighted that the role and explicit knowledge of directors and (internal) supervisors require more attention for robust (IT) risk management. This includes cyber risks and residual risks and continually evaluating and improving control measures based on current threat assessments. Three **key ...
Vernieuwde rapportagevereisten voor verzekeraars
ID 25460
Starting from 31 December 2023, significant changes in reporting requirements will be applicable to insurance companies under Solvency II. In the first quarter of 2024, insurers must report on the fourth quarter of 2023 according to the new rules, also known as taxonomy 2.8.0. By 8 April 2024, insurers must report for the entire fiscal year 2023 based on adjusted requirements. This represents the ...
TRANSITIENIEUWS – Nieuwe beleidsuitingen DNB over de Wet toekomst pensioenen ...
ID 25424
The DNB has released new policy statements regarding the Future Pensions Act (Wtp) on their Open Book Supervision platform, publishing updated factsheets and Q&A’s, covering topics such as risk attitude, contracts, and the acceptance of assignments and portability. 1. Risk attitude relates to participants‘ willingness to take investment risks, involving a Risk Preference Study and determining risk attitudes translating these into long-term investment policies ...
Dataloop voor Solvency II Verzekeraars live op 1 november
ID 25387
The Dataloop application for Solvency II insurers is launched on 1 November 2023 within My DNB. It offers an enhanced user experience for interacting with DNB regarding supervisory reports and enables more efficient assessment of report data quality by DNB. Solvency II is a European Union directive that governs the insurance and reinsurance industry, and it sets out regulatory requirements for insurers to ensure ...
DNB legt nieuwe aanpak witwassen voor aan financiële sector
ID 25384
The DNB has introduced a new risk-based approach to anti-money laundering measures, as part of a public consultation, aiming to guide financial institutions in fulfilling their legal obligations under the Wwft. The approach encourages practical compliance while avoiding overly strict controls that could hinder customer access to banking services. It emphasizes the use of innovative technologies like machine learning for efficient customer and transaction ...
Consultatie Q&A RvC bij betaalinstellingen en elektronischgeldinstellingen
ID 25345
DNB released a Q&A outlining when a Supervisory Board (SB) becomes essential in payment and electronic money institutions to maintain controlled operations and an effective organizational structure. Responding to „When is it necessary to form an SB at a payment or electronic money institution to ensure controlled operations and a balanced and efficient organizational structure?“, DNB indicated that an SB might be required in ...
DNB publiceert aanpak voor de beheersing van klimaat- en milieurisico’s voor ...
ID 25339
The DNB has released a set of good practices aimed at helping FMIs manage climate and environmental risks. These good practices are non-binding guidelines for FMIs, including central counterparties, central securities depositories, payment systems, and securities settlement systems, to organize their processes and procedures to address climate and environmental risks. The goal is to provide a basis for discussions within the FMI ecosystem and ...