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    NBB Updates Law on Status and Supervision of Credit Institutions

    July 14, 2020

    NBB has updated the law on status and supervision of credit institutions and brokerage firms. This law regulates the establishment and activities of, as well as the supervision of, credit institutions and investment firms operating in Belgium firm, along with their possible resolution. It also determines the supervisory task of NBB in its capacity of national competent authority, within the scope of the Single Supervisory Mechanism.

    Related Links (in Dutch): Updated Law (PDF)

     

    Keywords: Europe, Belgium, Banking, Securities, Credit institutions, CRR, CRD IV, Banking Law, Basel, Investment Firms, NBB

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