European and national regulations affect our services. BNG provides further insight into legislation such as EMIR, UBO, CRS, the deposit guarantee scheme and the WWFT, with current requirements and guidelines from relevant supervisory authorities.
The Common Reporting Standard (CRS) is an international standard for the automatic exchange of financial data between countries.
Money in accounts held with BNG is legally protected by BNG. Read about who, what and how much is protected.
The European Market Infrastructure Regulation promotes transparency in the derivatives market.
BNG is legally obliged to identify and register the Ultimate Beneficial Owners of business customers.
The current value of property must be determined every three years by an independent valuer. This obligation also applies to BNG customers.
The Benchmark Regulation ensures that benchmarks are robust and reliable. BNG is a supervised entity within the meaning of the Benchmark Regulation and is therefore subject to (certain) obligations.
BNG strives to build sustainable and ethical relationships by getting to know its customers well. We do this by applying the Know Your Customer (KYC) principle. KYC is a basic requirement in banking services.