2013-01-31

Added · Updated

Consideration period for authorisation of a clearing institution

De Nederlandsche Bank (DNB) decides on applications for clearing institution authorisation within 13 weeks, provided the application is complete and of sufficient quality. If an application is incomplete, DNB grants an extra period for supplementation, during which the consideration period is suspended until the requested information is received. Failure to provide sufficient supplementary information within the specified timeframe may result in DNB deciding not to consider the application.

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In principle, De Nederlandsche Bank (DNB) decides on an application for authorisation of a clearing institution within 13 weeks. However, the actual consideration period depends on many factors. The quality and completeness of your application have a major bearing on the time required by DNB for assessment.

Published: 31 January 2013

Is your application incomplete or lacking in quality? If so, DNB will allow you an extra period to supplement the application.

Please note: As soon as DNB requests further data or information to supplement the application, the consideration period will be suspended and recommence on the date on which DNB receives the requested information. If no or insufficient supplementary information is received within the period specified, DNB may decide not to consider the application.

Market access for clearing institutions

Duty of clearing institutions to obtain authorisation

Requirements of clearing institutions

Consideration period for authorisation of a clearing institution

Costs of applying for authorisation of a clearing institution

Register of clearing institutions

Questions on applying for authorisation as a clearing institution

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