For significant institutions, the ECB's procedures must be adhered to. As described above, DNB and the AFM work together in preparing and aligning their fit and proper assessments and assessment interviews. The ECB takes the final decision, based on the findings of the joint supervisory team (JST).
DNB will present the ECB with a draft decision, taking into account the AFM's recommendation. The ECB takes the final decision. The ECB will deviate from the national supervisory authority's draft decision only in exceptional cases.
Fit and proper assessments for non-significant institutions take place in the usual consultation with the AFM.