September 27, 2017

DNB issued the banking newsletter for September 2017. This month one of the key focus areas is publication of the new regulations regarding Deposit Guarantee Scheme (DGS) by DNB in the Government Gazette. With introduction of the revised DGS Directive into Dutch legislation, the payment period for bankruptcy has been reduced from twenty to seven working days. The newsletter also highlights the requirement of liquidity coverage ratio (LCR) of 100% to be maintained by banks. DNB points out that 100% LCR is a continuous requirement and the banks must regularly monitor that they meet this requirement. The objective of the LCR is to ensure that institutions maintain sufficient cash to cope with any net liquidity outflow under severe stress conditions over a period of thirty days.

Other focus areas of the newsletter are as follows:

  • DNB published the final guidance transaction monitoring after processing the sector feedback
  • DNB published the good practice integrity risk appetite after processing the responses to the previously published draft document
  • In the concept of managed remuneration policy 2017 (Rbb 2017), DNB has introduced further rules on remuneration policy. The draft scheme will be offered for consultation until October 13, 2017
  • DNB has organized an information meeting on November 06, 2017
  • The newsletter included relevant international publications of, among others, ECB, EBA, and EC
  • DNB updated Survey/QIS calendar for banks


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Keywords: Europe, Netherlands, Banking, Newsletter, LCR, DGS, QIS_Calendar, DNB

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