Featured Product

    DNB Publishes Supervisory Priorities for 2020

    January 22, 2020

    DNB published its supervisory priorities for the year ahead, with respect to both prudential and integrity supervision. In 2020, DNB will be focusing specifically on data quality, management, and use. DNB will adopt a more data-driven approach and focus on the use of digital technologies in its supervision. DNB is also in the process of transforming into a smart supervisor. In line with its digital strategy, DNB aims to fully utilize its technological opportunities by automating routine tasks where possible and by adopting a data-driven approach as part of the new supervisory methodology.

    Considering the ongoing developments, DNB will continue to respond to technological innovation, focus on future-orientedness and sustainability, and remain strict on financial and economic crime. DNB will also continue to work closely with other regulators in 2020 and will will strengthen its cooperation with the sector to build on its knowledge of the impact and opportunities of technological innovations. DNB will do so via the Innovation Forum (iForum), which was launched in 2019 and is a joint partnership of banks, insurers, pension funds, and payment institutions. This year, DNB plans to start supervising crypto institutions under the anti-money laundering directive (AMLD 5). With regard to sustainable finance, DNB anchored identification and control of climate risks to a large degree in the supervision of banks, insurers, and pension funds. In 2020, DNB will assess the extent to which banks take climate-related risks into account in their internal risk assessment.

     

    Related Links

    Keywords: Europe, Netherlands, Banking, Insurance, Pensions, Fintech, Supervisory Priorities, Big Data, Automation, AMLD 5, ESG, Climate Change Risks, DNB

    Related Articles
    News

    EC Rule on Contractual Recognition of Write Down and Conversion Powers

    The European Commission (EC) published the Delegated Regulation 2021/1527 with regard to the regulatory technical standards for the contractual recognition of write down and conversion powers.

    September 17, 2021 WebPage Regulatory News
    News

    APRA Issues Further Guidance on Application of Securitization Standard

    The Australian Prudential Regulation Authority (APRA) published a new set of frequently asked questions (FAQs) to provide guidance to authorized deposit-taking institutions on the interpretation of APS 120, the prudential standard on securitization.

    September 16, 2021 WebPage Regulatory News
    News

    SRB Provides Update on Approach to Prior Permissions Regime

    The Single Resolution Board (SRB) published a Communication on the application of regulatory technical standard provisions on prior permission for reducing eligible liabilities instruments as of January 01, 2022.

    September 16, 2021 WebPage Regulatory News
    News

    APRA Publishes FAQs on Capital Treatment of Overseas Subsidiaries

    The Australian Prudential Regulation Authority (APRA) published a new set of frequently asked questions (FAQs) to clarify the regulatory capital treatment of investments in the overseas deposit-taking and insurance subsidiaries.

    September 15, 2021 WebPage Regulatory News
    News

    EBA Finalizes Guidance to Assess Breaches of Large Exposure Limits

    The European Banking Authority (EBA) published the final report on the guidelines specifying the criteria to assess the exceptional cases when institutions exceed the large exposure limits and the time and measures needed for institutions to return to compliance.

    September 15, 2021 WebPage Regulatory News
    News

    PRA Finalizes Changes to Consolidated Prudential Rules Under CRD5/CRR2

    The Prudential Regulation Authority (PRA) issued the policy statement PS20/21, which contains final rules for the application of existing consolidated prudential requirements to financial holding companies and mixed financial holding companies.

    September 15, 2021 WebPage Regulatory News
    News

    EBA Revises Guidelines on Stress Tests of Deposit Guarantee Schemes

    The European Banking Authority (EBA) revised the guidelines on stress tests to be conducted by the national deposit guarantee schemes under the Deposit Guarantee Schemes Directive (DGSD).

    September 15, 2021 WebPage Regulatory News
    News

    Nordea Bank and EIB Sign Agreement to Fund Green Projects in Nordics

    The European Commission (EC) announced that Nordea Bank has signed a guarantee agreement with the European Investment Bank (EIB) Group to support the sustainable transformation of businesses in the Nordics.

    September 15, 2021 WebPage Regulatory News
    News

    HKMA Endorses Industry Guidance to Support LIBOR Transition

    The Hong Kong Monetary Authority (HKMA) issued a circular, for all authorized institutions, to confirm its support of an information note that sets out various options available in the loan market for replacing USD LIBOR with the Secured Overnight Financing Rate (SOFR).

    September 14, 2021 WebPage Regulatory News
    News

    OCC Issues Booklet on Supervision of Problem Banks

    The Office of the Comptroller of the Currency (OCC) issued a new "Problem Bank Supervision" booklet of the Comptroller's Handbook. The booklet covers information on timely identification and rehabilitation of problem banks and their advanced supervision, enforcement, and resolution when conditions warrant.

    September 13, 2021 WebPage Regulatory News
    RESULTS 1 - 10 OF 7481