Regulatory Alerts2021-12-08
Added · Updated
Opinion on UK prudential supervision for the purposes of Section 130(f) and 134(2) of the Bgfo
De Nederlandsche Bank (DNB) confirms that prudential supervision in the United Kingdom provides adequate safeguards for Dutch collective investment undertakings (UCITS). This determination allows UCITS to invest assets in deposits with UK-domiciled banks and to hold counterparty risk of up to 10% of assets in OTC derivatives transactions with such banks. The assessment, originally established in 2021, was reviewed in 2026 and remains valid without revision, subject to ongoing monitoring of UK regulatory developments.
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