IMF Staff Country Reports

Kingdom of the Netherlands-Netherlands: Financial Sector Assessment Program:: Technical Note-Regulation,Supervision, and Oversight of Financial Market Infrastructures-Responsibilities and EUROCCP Financial and Operational Risk Management

April 13, 2017

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Kingdom of the Netherlands-Netherlands: Financial Sector Assessment Program:: Technical Note-Regulation,Supervision, and Oversight of Financial Market Infrastructures-Responsibilities and EUROCCP Financial and Operational Risk Management, (USA: International Monetary Fund, 2017) accessed November 23, 2024

Summary

This Technical Note discusses the findings and recommendations in the Financial Sector Assessment Program for the Netherlands on regulation, supervision, and oversight of financial market infrastructures (FMIs), whose supervision has been significantly strengthened in recent years. Good progress has been made to ensure that FMIs across the European Union, including in the Netherlands, are subject to a common regulatory framework. It is suggested that the Dutch central bank review the allocation of resources across various FMIs. The European Central Counterparty N.V. should also prioritize recruitment of a third Management Board member to ensure an effective board.

Subject: Central securities depositories, Financial markets, Financial regulation and supervision, Financial sector policy and analysis, Payment systems, PFM information systems, Principles for Financial Market Infrastructures, Public financial management (PFM), Stress testing

Keywords: Advice EuroCCP, Authority, Business continuity arrangement, Central securities depositories, CR, DNB, DNB staff, Dutch authorities, EuroCCP, Europe, Governance structure, ISCR, Margin model, Payment systems, PFM information systems, Principles for Financial Market Infrastructures, Reverse stress tests, Stress testing

Publication Details

  • Pages:

    31

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2017/092

  • Stock No:

    1NLDEA2017006

  • ISBN:

    9781475593921

  • ISSN:

    1934-7685