Regulatory Alerts2017-07-19
Added · Updated
Publication of Declarations of No-Objection in the Government Gazette
De Nederlandsche Bank (DNB) publishes the issuance of Declarations of No-Objection (DNOs) in the Dutch Government Gazette, including details on the holder, target company, date, type, and legal grounds. Publication is withheld only if it would cause disproportionate advantage or damage to interested parties or involve confidential information. Revocations or changes to DNOs are also published under the same conditions, while holders may share information with stakeholders after consulting DNB.
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DNB will publish the issue of a DNO in the Dutch Government Gazette (Staatscourant), unless such publication would or could cause disproportional advantage or damage to any interested party.
Published: 19 July 2017
DNB's standard procedure is to publish the issue of a DNO in the Government Gazette. If publication causes disproportional advantage or damage to any interested party, we may refrain from publishing. DNO holders may inform the other stakeholders about the issue of the DNO themselves after discussing this with DNB first.
Information
The publication in the Government Gazette includes information about the holder of the DNO, the target company, and the issued DNO itself, i.e. its date of issue, the type of DNO and the legal grounds for issue. The publication does not include confidential information about the contents of the issued DNO.
Revoking of DNO
If DNOs are revoked or changed, DNB also publishes this in the Government Gazette, providing changes do not involve confidential information.
Information Declaration of no-objection
Declaration of no-objection
Definition of qualifying holding
Qualifying holding
Bandwidth DNO
Declarations of no-objection (DNOs) for group companies
Umbrella DNO
Different types of DNO
DNO for shareholdings (Section 3:95 of the Wft)
DNO for acts of banks (Section 3:96 of the Wft)
DNO for acts of insurance companies (Section 3:97 of the Wft)
DNO for MiCAR (Articles 41 and 83 MiCAR)
Applying for a DNO
DNO application form and explanatory notes
DNO application procedure (10 steps)
DNO application time frame
DNO application fees
DNO application - success factors
General information
DNO requirements and restrictions
Publication in the Government Gazette
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