Do I need prior approval from DNB to apply risk-mitigation techniques?
No, you do not need to obtain prior approval for risk mitigation techniques from DNB. Our supervision is retrospective in this case: we assess ex-post whether the risk-mitigation techniques to be taken into account in determining the Solvency Capital Requirement comply with the legal requirements. However, we offer you the possibility to submit risk mitigation techniques for assessment in advance. To do so, please complete the attached self-assessment and submit it to us with all relevant and underlying documentation. In addition to an Excel file for the self-assessment, the attached documents also include a manual with explanatory notes.
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
Embedded finance offers customers the convenience of in-app payment options and on-the-spot insurance. This seamless integration of financial services, available exactly when and where they are needed, makes life simpler. But this innovation also entails new risks.
Read more Embedded finance: striking a balance between convenience and risk in the digital economy
Liability-Driven Investment funds (LDI funds) mainly invest in long-term government bonds and long-term interest rate derivatives. The use of these interest rate derivatives exposes LDI funds to liquidity risks in case of large interest rate fluctuations.
Read more Limited liquidity risks in Euro LDI funds
This week, the European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) have published their final reports on greenwashing in the financial sector.
Read more European Supervisory Authorities publish reports on greenwashing in the financial sector
