A trust office may be part of a group of trust offices. All trust offices that are part of a group must have their own independent licence from De Nederlandsche Bank (DNB) and apply for licence independently.
If these licences are issued to the trust offices in question, the public register will state that they are part of a group and it will state which trust offices are part of that group. One of the trust offices in the group will be designated the head of the group, which will serve as the point of contact for DNB. The head of the group is not responsible for compliance with the statutory requirements by the other trust offices, nor by the group as a whole. All trust offices will be separately responsible for compliance with the statutory requirements.
If the licence of a trust office that belongs to a group of trust offices is withdrawn, this will have no effect on the licences of other trust offices in the group. Each trust office belonging to a group may have its individual licence withdrawn.