Regulatory Alerts2022-11-11
Added · Updated
Initial screening for second-tier senior officers
Banks and insurers incorporated in the Netherlands must subject second-tier senior officers to integrity and suitability screenings. This target group includes managers just below the first tier of directors who are responsible for individuals whose activities can materially affect the institution’s risk profile, such as heads of treasury, compliance, risk, audit, and actuarial functions. The screening process is conducted via a digital form on My DNB, which is also required when a person in this group changes roles within the same institution. This policy statement remains applicable until it is amended to align with the new Article 91a of the Capital Requirements Directive (CRD6), expected to enter into force in mid-2026.