Regulators

Within the Single Supervisory Mechanism (SSM) the European Central Bank (ECB) is overall responsible for prudential supervision on banks in the eurozone. Regular supervision on significant banks in the Netherlands is conducted by the ECB and the Dutch Central Bank called De Nederlandsche Bank (DNB) in Joint Supervisory Teams. DNB is responsible for the prudential supervision on less significant banks in the Netherlands such as NIBC Bank N.V.

NIBC Bank N.V. is subject to supervision by the ECB, DNB and the Netherlands Authority for the Financial Markets named Autoriteit Financiële Markten (AFM).  NIBC Holding N.V. is the parent of NIBC Bank N.V. (NIBC Bank). NIBC Bank is the parent company of NIBC Bank Deutschland AG. NIBC Bank is directly supervised by the DNB. DNB is responsible for the prudential supervision (the financial soundness) of NIBC Bank, and carries out ongoing supervisory activities according to the common framework and methodologies created for the ECB’s Single Supervisory Mechanism. The AFM supervises the behavior and conduct of NIBC Bank N.V. on the financial markets. As a deposit-taking credit institution NIBC Bank Deutschland AG is fully licensed by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) and Deutsche Bundesbank.

Our international branches in Brussels, Frankfurt and London are authorized to operate by way of an EEA passport under Directive 2013/36/EU. These branches are also regulated by their host state supervisory authorities for the conduct of designated investment business in respectively Belgium, Germany and the U.K. NIBC UK Branch is authorized and regulated by the Financial Conduct Authority. The branch in Frankfurt is also under the residual regulation of the BaFin in accordance with Sec. 53b German Banking Act (Kreditwesengesetz).

NIBC Credit Management, Inc., our U.S. subsidiary, is licensed by the U.S. Securities and Exchange Commission (SEC) as an investment adviser and regulated under the U.S. Investment Advisers Act of 1940, as amended (Investment Advisers Act).