Regulatory Alerts2021-09-01 | NBB_2021_19Added · Updated
Digitalisation of forms for qualifying holdings and European passport notifications via ECB IMAS Portal
Proposed shareholders must submit notifications regarding the acquisition or increase of qualifying holdings in credit institutions or financial holding companies exclusively through the ECB’s IMAS Portal starting 27 September 2021, rendering paper forms A through C.a invalid. Credit institutions governed by Belgian law must also submit European passport notifications digitally via the IMAS Portal, with significant institutions (SIs) required to comply immediately after the deadline and less significant institutions (LSIs) transitioning once access is granted. This digitalisation process modifies the scope of previous paper-based requirements under Communication NBB_2017_22 while forms D through F remain applicable on paper until further notice.