Fit and proper assessments in the context of licence and declaration of No-Objection applications

Factsheet

Read aloud

When applying for a licence or a Declaration of No-Objection (DNO) DNB assesses the fitness, propriety or reputation of the individuals concerned. The type of assessment depends on the application and the role of the individual concerned. The decision period for these assessments follows the decision period applicable to the related licence or DNO application.

Published: 15 July 2026

Individuals to be assessed
DNB assesses, among others, management and supervisory board members for fitness and propriety, directors of a Stichting Derdengelden (third-party funds foundation) for propriety, and holders of a qualifying holding, including their directors, for reputation. More information is available on the Fit and Proper Assessments page . Applying for a Fit and Proper Assessment A fit and proper assessment in the context of a licence or DNO application can be submitted through Supervisory applications in My DNB . Decision period The decision period for a fit and proper assessment follows the decision period of the licence or DNO application for which the assessment is carried out. The substantive assessment starts once the application is complete and all related assessment files have been submitted in full. For fitness and propriety assessments related to a licence application, the decision period follows the decision period applicable to that licence application. For reputation assessments related to a DNO application, including cases where the DNO application is connected to a licence application, the decision period applicable to the DNO application applies. More information about the legal decision periods for licence and DNO applications can be found on the Market Access
page.
Decision
The decision on fit and proper assessments carried out in the context of a licence or DNO application is included in the decision on the relevant licence or DNO application. If an assessment interview has taken place during the assessment process, the individuals concerned will receive individual feedback on the outcome of their assessment. Fees Separate fees are charged for fit and proper assessments carried out in the context of a licence or DNO application pursuant to the Financial Supervision Funding Act (Wet bekostiging financieel toezicht). More information More information about the fit and proper assessment process can be found on the Fit and Proper Assessments page .

Share:

Share on LinkedIn

Share on X

Share on Facebook

Share via Email

Interesting articles

Fine imposed on GMG Europe B.V. for repeated capital shortfalls

07 September 2026

Enforcement measures

On 22 June 2026, De Nederlandsche Bank (DNB) imposed an administrative fine of €59,770 on investment firm GMG Europe B.V. (GMG) for repeatedly failing to maintain sufficient own funds.

Read more
Fine imposed on GMG Europe B.V. for repeated capital shortfalls

Enforcement measures

07 September 2026

Results of DNB’s LSI Supervisory Stress Test

07 September 2026

News item supervision

Dutch small and medium-sized banks (Less Significant Institutions, LSIs) can withstand a severe economic downturn. This is shown by De Nederlandsche Bank's (DNB) annual stress test conducted in 2026.

Read more
Results of DNB’s LSI Supervisory Stress Test

News item supervision

07 September 2026

Fine for trust office International Trust Services B.V. for failing to commission an audit

19 August 2026

Enforcement measures

De Nederlandsche Bank (DNB) imposed a fine of €29,700 on trust International Trust Services B.V. (ITS) on 24 November 2025. The fine was imposed because ITS failed to commission an audit in 2022 concerning the period from January to December 2021.

Read more
Fine for trust office International Trust Services B.V. for failing to commission an audit

Enforcement measures

19 August 2026

DNB extends non-enforcement period for boundary between banking book and trading book

13 August 2026

News item supervision

DNB extends the period during which it will not prioritise supervisory and enforcement action in relation to the boundary between the banking book and the trading book.

Read more
DNB extends non-enforcement period for boundary between banking book and trading book

News item supervision

13 August 2026