Regulatory Alerts2021-06-16
Added · Updated
IFR/IFD – qualifying holdings
De Nederlandsche Bank clarifies that it does not prohibit investment firms from holding qualifying holdings outside the financial sector in excess of the limits set in Article 10(1) of the IFR. This position relies on Article 10(2) of the IFR, which requires the value of such excess holdings to be deducted from Common Equity Tier 1 capital. The regulator retains the power to prohibit these excess holdings in specific cases.
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