Are de facto directors and legal entities subject to the same penalty and disclosure regime?
Yes, they are. The penalty amounts laid down in law are the same for de facto directors and legal entities. DNB also observes the Penalty Amounts Policy when determining the amount of the fine. By law, penalties imposed in connection with non-compliance with the Financial Supervision Act (Wet op het financieel toezicht – Wft), the Anti-Money Laundering and Anti-Terrorist Financing Act (Wet ter voorkoming van witwassen en financieren van terrorisme – Wwft) the Act on the Supervision of Trust Offices (Wet toezicht trustkantoren 2018 – Wtt), the Pensions Act (Pensioenwet – Pw) or the Mandatory Occupational Pension Scheme Act (Wet verplichte beroepspensioenregeling – Wvb) must be disclosed unless a statutory exception applies which requires such disclosure to be anonymised, postponed or waived.
On Tuesday 5th November from 3:00-4:45 PM CET DNB will organize a physical information session about fit and proper assessments.
Read more Information session about fit and proper assessments DNB
On 30 September 2024, DNB published the amendments to the two policy rules for the deposit guarantee scheme (DGS). These amendments were publicly consulted in June 2024.
Read more Adoption of the 2024 amendments to the Policy Rules for the Deposit Guarantee Scheme
From 25 November 2024, Jochem Dijckmeester will succeed Cindy van Oorschot as Divisional Director of Pension Supervision at DNB.
Read more Jochem Dijckmeester appointed Divisional Director of Pension Supervision
As at 30 June 2024, Dutch households held some €15 billion in bank deposits in other euro area countries, the latest figures from DNB and the European Central Bank (ECB) show. This means foreign savings keep growing.
Read more Dutch households see foreign bank deposits double in two years
