Regulatory Alerts2018-05-05
Added · Updated
Initial assessment – objection and appeal
De Nederlandsche Bank outlines the procedural steps for candidates and institutions facing a negative fit and proper assessment. If an institution withdraws the application, the process lapses without objection rights; if it proceeds, a provisional negative decision is issued, allowing for a statement of views. A subsequent final negative decision permits the filing of an internal objection, followed by a court appeal and a further appeal to the Trade and Industry Appeals Tribunal.
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