Bandwidth DNO

Factsheet

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A bandwidth will be attached to a DNO for the acquisition and ownership of a qualifying holding.

Published: 19 July 2017

With a bandwidth DNO, the size of the qualifying holding may vary within the specified bandwidth without the need to apply for a new or amended DNO. When you are applying for a DNO as referred to in Sections 3:95 and 3:96 of the Wft you will have a choice between different bandwidths.

The DNO for a qualifying holding under Section 3:96 of the Wft also offers the option to apply for a DNO for a fixed percentage shareholding. The following bandwidths are available.

10-20%

10-33%

10-50%

10-100%

Information Declaration of no-objection

Declaration of no-objection

Definition of qualifying holding

Qualifying holding

Bandwidth DNO

Declarations of no-objection (DNOs) for group companies

Umbrella DNO

Different types of DNO

DNO for shareholdings (Section 3:95 of the Wft)

DNO for acts of banks (Section 3:96 of the Wft)

DNO for acts of insurance companies (Section 3:97 of the Wft)

DNO for MiCAR (Articles 41 and 83 MiCAR)

Applying for a DNO

DNO application form and explanatory notes

DNO application procedure (10 steps)

DNO application time frame

DNO application fees

DNO application - success factors

General information

DNO requirements and restrictions

Publication in the Government Gazette

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