Personentoetsingen in de financiële sector
Einde inhoudsopgave
Personentoetsingen in de financiële sector (O&R nr. 127) 2021/3.6.4:3.6.4 The Dutch Financial Supervision Act
Personentoetsingen in de financiële sector (O&R nr. 127) 2021/3.6.4
3.6.4 The Dutch Financial Supervision Act
Documentgegevens:
mr. drs. I. Palm-Steyerberg, datum 01-03-2021
- Datum
01-03-2021
- Auteur
mr. drs. I. Palm-Steyerberg
- JCDI
JCDI:ADS268359:1
- Vakgebied(en)
Financieel recht / Europees financieel recht
Financieel recht / Financieel toezicht (juridisch)
Toon alle voetnoten
Voetnoten
Voetnoten
Although the supervision of credit institutions (and some other entities) has been a shared responsibility of DNB and the ECB since 4 November 2014, within the European Banking Union’s (EBUs) Single Supervisory Mechanism (SSM).
Deze functie is alleen te gebruiken als je bent ingelogd.
The twin peaks model is also reflected in the structure of the Dutch Financial Supervision Act (Wet op het financieel toezicht or Wft). Part 3 of the Wft on prudential supervision of financial institutions is the exclusive competence of DNB,1 whereas Part 4 of the Wft on conduct of business supervision of financial institutions is the exclusive competence of the AFM. In this structure, rules are grouped in a cross-sectoral and thematic way. This obliged the Dutch legislator to compare the regulatory rules across the different sectors and led to a harmonized approach.