Guidance · DNB · 19 Jul 2017
The document outlines the requirements for obtaining a Declaration of No-Objection (DNO) across four categories: acquiring or expanding qualifying holdings under Section 3:95 of the Wft, specified acts of banks under Section 3:96, specified acts of insurance companies under Section 3:97, and MiCAR-related acts under Articles 41 and 83. Applicants must submit fully completed application forms with all required documentation via My DNB using e-Herkenning, as the 62-business day assessment period only begins upon receipt of a complete application. Separate forms and explanatory notes are provided for each category, with group DNO applications requiring direct contact with the regulator.
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In order to perform specific acts, you or your company may need a declaration of no-objection (DNO).
Published: 19 July 2017
Latest update: 29 July 2024
There are four categories of DNO.
A DNO for acquiring or expanding a qualifying holding (Section 3:95 of the Wft).
DNO for specified acts of banks (Section 3:96 of the Wft)
DNO for specified acts of insurance companies (Section 3:97 of the Wft)
DNO for MiCAR (Articles 41 and 83 MiCAR)
The four types of DNO have separate application forms. Please check carefully which application form you need.
DNO application for a qualifying holding
If you or your company acquires or expands a qualifying holding, you must use the following documents.
DNO application form under Section 3:95 of the Wft – individual
Explanatory notes to the DNO application form under Section 3:95 of the Wft
Sections of the law relevant for a DNO application
The explanatory notes to the form provide more details and describe what we expect from you, so please refer to them when completing the form.
DNO application for a bank
If your bank wants to perform an act that is subject to approval, you must use the following documents
DNO application form under Section 3:96 of the Wft
Explanatory notes to the DNO application form under Section 3:96 of the Wft
Sections of the law relevant for a DNO application
The explanatory notes to the form provide more details and describe what we expect from you, so please refer to them when completing the form.
DNO application for an insurance company
If your insurance company wants to perform an act that is subject to approval, you must use the following documents:
DNO application form under Section 3:97 of the Wft
DNO application for MiCAR
If you or your company acquires or increases a qualified participation, you should use the following documents:
Form for DNO Application MiCAR (Article 41 and 83 MiCAR)
Explanatory notes to the MiCAR DNO application form
Submitting your application
You may submit through
My DNB
. You need e-Herkenning (e-Recognition) to use this.
Be sure to complete the form truthfully and in full, and add all required documentation as an annex to the form. The application form for a group DNO is not yet available. Do you wish to apply for a group DNO? Please contact DNB.
Standard of your application
We can assess your application only if you submit a fully and correctly completed application form and enclose all the required documents. If you fail to do this, we will have to ask you to supplement your application. Our 62-business day consideration period will not start until we receive you complete application. This means that the time we need to consider your application greatly depends on the standard of your application and the attached documents. See also:
How long will it take to consider my application for a DNO ?
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 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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