2017-07-19

Added · Updated

DNO application form and explanatory notes

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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Factsheet

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