The Dutch Central Bank (DNB) has presented its supervision programme for the year 2011. The programme includes four spearheads:
- Supervision of strategy and conduct. DNB will, inter alia, assess banks' corporate models and strategies more intensively. DNB will also focus on reinforcement of the resilience of pension funds. The intensified supervision of financial institutions' remuneration policies will remain an important element of its policy. Finally, DNB aims to increase managing and supervisory board effectiveness.
- Embedment of new supervisory frameworks such as Basel III and Solvency II, and introduction of a supervisory framework for systemically relevant institutions.
- Improved risk management.
- Improved supervision through availability of better data. DNB will focus more on the quality of the figures reported by financial institutions and the information underlying these data. DNB also wants to investigate whether, when assessing quarterly reports, its considerable reliance on the quality of the external audit and internal control measures of financial institutions continues to be justified.