February 28, 2019

DNB issued the banking and insurance newsletters for February 2019. The newsletters provide an update on Brexit, also emphasizing that financial institutions must prepare for the risk that UK will leave EU without political agreement on March 29, 2019. Additionally, Patrick de Neef, who was recently appointed to the Chief Innovation Office Supervision, highlighted in an interview that DNB wants to achieve data-oriented supervision in 2020-2022. He added that, by 2025, DNB wants to be a supervisor that makes efficient and effective use of available data and is supported by proactive risk signals with the help of machine learning.

The following are the additional key highlights of the newsletters:

  • Recent relevant publications by ECB, EBA, EC, and other international forums
  • Publication of a draft question and answer (Q&A) document related to reinsurance
  • Update on reassessment of capital requirement for premium risk related to health insurance
  • Updated calendars for banks and insurers


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Keywords: Europe, Netherlands, Banking, Insurance, Newsletter, QIS Calendar, Brexit, DNB

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