Regulatory Alerts2017-07-14
Added · Updated
Initial assessment – propriety assessment
De Nederlandsche Bank verifies the propriety of candidates for management or supervisory board positions by assessing their professional history and background information. The assessment focuses on qualities such as veracity, responsibility, and probity, and is conducted once unless changes in circumstances warrant reassessment. Institutions and board members are required to report any material changes to their circumstances immediately to maintain compliance with this ongoing requirement.
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