This page provides an overview of the legislation governing market access for insurers, as well as the accompanying guidance we have prepared.
Supervision of insurers and market access in the Netherlands is governed by the Financial Supervision Act (Wet op het financieel toezicht – Wft). The Wft stipulates that insurers must have authorisation to operate. The authorisation requirement and the supervision of insurers are based on the European Solvency II Directive (2009/138/EC). DNB is responsible for issuing authorisation and exercising prudential supervision of insurers. The Netherlands Authority for the Financial Markets (AFM) is responsible for supervision of market conduct in the Netherlands.
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
On Tuesday 28th May from 3:00-4:45 PM CET DNB will organize an online information session about fit and proper assessments.
Read more Information session about fit and proper assessments DNB
The rapid development of artificial intelligence (AI) poses challenges for the supervisory work of the AFM and DNB. The supervisory authorities have published a report with criteria and areas of attention for shaping the supervision of AI.
Read more AFM and DNB publish report on the impact of AI on the financial sector and supervision
