The EBA sets EU-wide examination programme priorities for prudential supervisors for 2024

Source: European Banking Authority

The European Banking Authority (EBA) today published the European Supervisory Examination Programme (ESEP) for 2024, which identifies key topics for heightened supervisory attention across the European Union. The ESEP is aimed at driving supervisory convergence by providing Competent Authorities with a single set of priorities for implementation in 2024.

The EBA selected the following three key topics for supervisory attention for 2024 on the basis of its EU-wide risk analysis, its relevant policy work and the practical experience of competent authorities:

  • liquidity and funding risk
  • interest rate risk and hedging
  • recovery operationalisation

The choice of such topics was supported by structural changes, such as i) the end of the abudant liqudity in the system; ii) the increased interest rate environment; iii) the implementation of the IRRBB package in the EU; iv) lessons learned from the spring bank failures, v) energy and food markets volatility. These topics target aspects that are considered ‘specific’ for the upcoming year compared to the ‘business as usual’.

The specific supervisory attention to these areas will contribute to ensuring the financial resilience of EU institutions, and will ultimately lead to a higher level of supervisory convergence across the EU, also through the implementation of the related policy products.

The EBA will follow up on how these key topics are embedded in competent authorities’ priorities for 2024, and how they form part of their supervisory activities throughout the year. The observations collected will feed into the overall conclusions on the degree of convergence of supervisory practices. 

Note to the editors

The ESEP is one of the key elements of the EBA`s supervisory convergence toolkit which aims at delivering the EBA`s supervisory convergence mandate as required by the EBA`s founding regulation and by Article 107 of the CRD specifically in the context of the supervisory review. The 2024 ESEP complements competent authorities` core prudential supervisory activities and does not aim to provide an overarching and comprehensive supervisory examination programme, as that should be developed by competent authorities taking into account the ESEP, the structure and specific vulnerabilities of the banking system under their remit and the idiosyncratic dimensions of the individual bank or banking group they supervise.

With a view to fostering greater convergence of resolution practices, the EBA also sets priorities for resolution authorities in its annual European Resolution Examination Program (EREP). The 2024 priorities were published as part of the EBA’s latest Resolution Convergence report.

The EBA recommends enhancements to the Pillar 1 framework to capture environmental and social risks

Source: European Banking Authority

The European Banking Authority (EBA) today published a Report on the role of environmental and social risks in the prudential framework of credit institutions and investment firms. Taking a risk-based approach, the Report assesses how the current prudential framework captures environmental and social risks. It recommends targeted enhancements to accelerate the integration of environmental and social risks across the Pillar 1. The proposed enhancements aim to support the transition towards a more sustainable economy, while ensuring that the banking sector remains resilient.

Environmental and social risks are changing the risk profile for the banking sector and are expected to become more prominent over time. They affect traditional categories of financial risks, such as credit, market and operational risks. Hence, environmental and social factors may affect both the risks faced by individual institutions and the financial stability of the entire financial system.

The Report recommends risk-based enhancements to the risk categories of the Pillar 1 framework. It also develops considerations on the potential use of macroprudential tools. The Report explains why the EBA does not support the introduction of a green supporting factor or a brown penalising factors at this stage. The use of such adjustment factors presents challenges in terms of design, calibration, and complex interaction with the existing Pillar 1 framework.

Against this background, the EBA puts forward recommendations for short-term actions to be taken over the next three years as part of the implementation of the revised Capital Requirements Regulation and Capital Requirements Directive (CRR3/CRD6).

In particular, the EBA is proposing to:

  1. Include environmental risks as part of stress testing programmes under both the internal ratings-based (IRB) and the internal model approaches (IMA) under the Fundamental Review of the Trading Book (FRTB).
  2. Encourage inclusion of environmental and social factors as part of external credit assessments by Credit Rating Agencies.
  3. Encourage the inclusion of environmental and social factors as part of due diligence requirements and valuation of immovable property collateral.
  4. Require institutions to identify whether environmental and social factors constitute triggers of operational risk losses.
  5. Progressively develop environment-related concentration risk metrics as part of supervisory reporting.

Taking a medium-to-longer term perspective, the Report also presents possible revisions of the Pillar 1 framework reflecting the growing importance of environmental and social risks. These include:

  1. The possible use of scenario analysis to enhance the forward-looking elements of the prudential framework.
  2. The role that transition-plans could play in the future as part of the development of further risk-based enhancements to the Pillar 1 framework.
  3. Reassessing the appropriateness of revising the IRB supervisory formula and the corresponding standardised approach (SA) for credit risk to better reflect environmental risk elements.
  4. The introduction of environment-related concentration risk metrics under the Pillar 1 framework.

Alongside other policy initiatives outside the prudential framework, the EBA will continue to strengthen the integration of environmental and social risks across all pillars of the regulatory framework.

Legal basis and background

The EBA is mandated under Article 501c of Regulation (EU) No 575/2013, i.e. the Capital Requirements Regulation (CRR), and Article 34 of Regulation (EU) 2019/2033, i.e. the Investment Firms Regulation (IFR), to assess whether a dedicated prudential treatment of exposures related to assets, including securitisations, or activities (CRR), and of assets exposed to activities (IFR) associated substantially with environmental and/or social objectives would be justified.

The Report builds on the principles presented in the EBA Discussion Paper on the role of environmental risks in the prudential framework, published in May 2022.

EU/EEA banks: benefits from rising interest rates are stabilising, the EBA says

Source: European Banking Authority

EU/EEA banks: benefits from rising interest rates are stabilising, the EBA says

10 October 2023

The European Banking Authority (EBA) today published its Q2 2023 quarterly Risk Dashboard (RDB). Banks’ profitability and capital ratios increased further, while macroeconomic uncertainty weighed on loan growth.

  • Macroeconomic and geopolitical uncertainty remains high. The European Commission revised its economic outlook downward in the summer. The less positive growth outlook for China creates additional risks for the European economy. Newly introduced banking taxes have increased market uncertainty.
  • The European Union and European Economic Area (EU/EEA) banks maintained robust capitalisation levels in the second quarter. The average common equity tier 1 (CET1) ratio increased by another 20bps on a fully loaded basis, reaching a historical high of 15.9%. The liquidity coverage ratio (LCR) normalised further from 162.8% to 159.9% QoQ, driven by the targeted longer-term refinancing operations (TLTRO) III repayment in June. The net stable funding ratio (NSFR) increased to 126.5% (125.9% in Q1).
  • Banks’ consideration of sustainability aspects is also reflected in their funding. The share of green bonds increased for non-preferred senior bonds and remained stable for covered and preferred senior debt.
  • Slower economic growth weighs on loan growth. Outstanding loans towards households and non-financial corporates were flat on a quarterly basis. Asset quality remains robust on average, although a few countries reported an increase in non-performing loans (NPL) volumes and data indicates that for some portfolios, asset quality could deteriorate faster going forward.
  • Return on Equity (RoE) increased further in the second quarter to 10.8% from 10.2% in Q1, almost solely driven by the increase in net interest income. Banks’ net interest margin (NIM) increased further, yet the quarterly growth rate was slower than in previous quarters.
  • Operational risks remain a key concern. Key risk drivers include ICT and cyber related risks. On anti-money laundering (AML) related shortcomings, the EBA’s EuReCa data shows that competent authorities reported 143 serious deficiencies in 57 institutions between June and August.

Notes to editors

Key indicators have been visualised in a dynamic way. To facilitate the navigation, here is the full list of key indicators that you can find in the graphs:

  • Slide 1: CET1 ratio (fully loaded) on new time high of 15.9% [DOWNLOAD DATA]
  • Slide 2: Only small MREL shortfall on EU/EEA level, but wide dispersion among countries [DOWNLOAD DATA]
  • Slide 3: Stable NPL ratio, but potential asset quality deterioration going forward [DOWNLOAD DATA]
  • Slide 4: Banks’ return on equity (RoE) increased further [DOWNLOAD DATA]
  • Slide 5: Net interest income rose by 20% on a yearly basis and by 2.5% on a quarterly basis [DOWNLOAD DATA]
  • Slide 6: 143 serious AML/CFT deficiencies in 57 institutions reported between June and August as well as 50 ‘corrective measures’ [DOWNLOAD DATA]

The figures included in the Risk Dashboard are based on a sample of 164 banks, covering more than 80% of the EU/EEA banking sector (by total assets), at the highest level of consolidation, while country aggregates also include large subsidiaries (the list of banks can be found here).

Documents

Links

The EBA publishes 2023 list of third country groups and third country branches operating in the EU/EEA

Source: European Banking Authority

The EBA publishes 2023 list of third country groups and third country branches operating in the EU/EEA

04 October 2023

The European Banking Authority (EBA) published today the updated list of all third country groups (TCGs) with intermediate EU parent undertakings IPU(s), where applicable, and the list of all third country branches (TCBs) operating in the European Union and European Economic Area (EU/EEA). This publication ensures that market participants have clarity on the direct ownership of the involved institutions.

In the course of the 2023 exercise, 461 TCGs from 47 third countries have been identified as operational in the EU/EEA. Out of them, 2 have an IPU in place. Moreover, 65 TCGs have branches in the EU/EEA with a total of 105 third country branches of credit institutions operating in the EU/EEA.

Legal basis and background

  • According to Article 21b of Directive 2013/36/EU (Capital Requirements Directive – CRD), third country groups (TCGs) operating through ​more than one institution in the Union and with total assets of EUR 40 billion or more are required to have an intermediate EU parent undertaking (IPU).
  • The EBA has a key role to play in facilitating cooperation between National Competent Authorities and in supporting their IPU decision-making process.
  • In July 2021, the EBA Guidelines (EBA/GL/2021/08) provided a common methodology for the calculation of the total value of assets in order to achieve consistent application of Union law.
  • In May 2022, the EBA published the decision (EBA/DC/441) on supervisory reporting for the threshold monitoring of the intermediate EU parent undertaking to ensure a timely application of the IPU requirement.

Documents

Links

ESAs publish Joint Committee Work Programme for 2024

Source: European Banking Authority

ESAs publish Joint Committee Work Programme for 2024

04 October 2023

The Joint Committee of the European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) publishes today its Work Programme for 2024, outlining the areas of work and planned deliverables in 2024.

During the year 2024, the Joint Committee will focus on the following areas:

  • consumer and investor protection,
  • operational resilience,
  • financial conglomerates, and
  • securitisation.

Furthermore, in the context of challenging macro-economic conditions, the Joint Committee will continue to closely monitor and assess emerging key cross-sectoral risks and vulnerabilities for financial stability. Recent turmoil in the banking system and continuing high geopolitical uncertainty are adding risks to the financial system. To communicate on its risk assessment, the Joint Committee will continue to develop cross-sectoral Risk Reports and provide updates of its assessment to the Financial Stability Table of the Economic and Financial Committee (EFC-FST).

Documents

Links

EBA publishes its work programme for 2024

Source: European Banking Authority

The European Banking Authority (EBA) published today its annual work programme for 2024, setting out the key strategic areas for the Authority to work on in the coming year, as well as related activities and tasks.

In 2024, the EBA will need to address a large number of mandates in a wide range of areas, building on the priorities defined in its programming document for the period 2024-2026. The focus will be on i) implementing the EU banking package (Capital Requirements Regulation – CRR III / Capital Requirements Directive – CRD VI), ii) monitoring financial stability and sustainability against a backdrop of increased interest rates and uncertainty, iii) providing a data infrastructure at the service of stakeholders, iv) developing oversight and supervisory capacity for the Digital Operational Resilience Act (DORA) and the Markets in Crypto Assets Regulation (MiCAR), and v) increasing attention on innovation and consumers (including access to financial services) while preparing the transition to the new anti-money laundering and countering the financing of terrorism (AML/CFT) framework. All this will require adequate liaison and cooperation with EU and non-EU stakeholders.

Facing these challenges with broadly unchanged human and financial resources in 2024, the EBA needs to reap as many internal and external synergies as possible, and to carefully prioritise and redeploy its resources.

As in previous years, the work programme benefitted from the recommendations of the EBA’s Advisory Committee on Proportionality.

The executive summary of the EBA work programme for 2024 will be made available in all EU official languages.  

Slowing the spread of the Omicron variant: lockdown in the Netherlands

Source: Government of the Netherlands

It has become clear in the past week that the Omicron variant is spreading very rapidly in the Netherlands too. The Outbreak Management Team (OMT) expects that this variant will be the dominant variant in the Netherlands by the end of December. This is sooner than previously expected. This rapid increase in infections means the number of COVID-19 patients in hospitals and ICUs will rise further before the end of the year. It is therefore looking increasingly likely that the healthcare system will become overburdened in January. We all want hospital and GP care to be available when we need it. The spread of the Omicron variant must be slowed as soon as possible in order to ensure healthcare services remain available to all. This is why the government has decided that the Netherlands will go into lockdown from Sunday 19 December until at least Friday 14 January 2022.

The Omicron variant is relatively new and many factors are therefore uncertain. Despite these uncertainties, the modelling experts at the National Institute for Public Health and the Environment (RIVM) were able to calculate how fast the virus can spread in different circumstances. For more details on this, see the RIVM news item (in Dutch). These calculations show that the measures already in place are not sufficient to ensure the pressure on hospitals and care homes remains manageable.

Measures and urgent advice applicable from Sunday 19 December 2021

  • Everyone should stay at home as much as possible and avoid busy places.
  • Always stay 1.5 metres apart.
  • Receive no more than 2 visitors aged 13 and over per day. On 24, 25 and 26 December and on 31 December and 1 January the maximum number of visitors aged 13 and over is 4 per day.
  • Visit no more than 1 household a day.
  • The maximum group size outdoors for people aged 13 and over is 2 people. There can be more than 2 people in a group if everyone in the group lives at the same address.
  • Educational institutions and out-of-school care (BSO) are closed until at least 9 January 2022. There are some exceptions. On 3 January the government will decide in what form education will resume from 10 January.
  • All hospitality venues are closed, except for delivery and takeaway.
  • All non-essential shops are closed, except for click and collect and returns.
  • Essential shops, such as supermarkets and chemists, can open until 20.00. Face masks must be worn. The maximum number of shoppers is one per 5 square metres.
  • Certain locations, such as petrol stations, pharmacies, libraries, driving schools, notaries’ offices and lawyers’ offices can open for their normal hours.
  • All locations where non-medical contact-based professions are carried out, such as hairdressers and beauty salons, are closed.
  • Cinemas, museums, theatres and concert venues are closed.
  • All indoor sports facilities are closed, except for swimming lessons. Outdoor sports facilities can open for all ages between 05.00 and 17.00. People aged 18 and over can engage in sports outdoors, alone or in groups of 2. They must stay 1.5 metres apart. Children and teenagers aged 17 and under can play sports outdoors and can take part in matches and competitions within their own club.
  • Events are not permitted, except for funerals (no more than 100 people), weekly markets selling groceries, and professional sports matches and competitions (no spectators).

Check the overview of basic rules, measures, conditions and exceptions.

The new measures are in addition to the measures and advice that already apply to everyone in the Netherlands, such as following the basic rules to combat the spread of coronavirus, wearing a face mask where required, doing a self-test before visiting others and working from home. People aged 70 and over are still advised to limit their contacts as much as possible, including with children under 12. If they do have interactions with children, they should take care to keep a 1.5-metre distance.

Business owners, companies and workers can make use of the financial support package that has recently been extended.

Education

From Monday 20 December until Sunday 9 January, secondary schools, secondary schools for special education, secondary vocational education (MBO) and higher education (HBO and universities) will be closed. This measure had already been announced for primary schools, where the existing arrangements continue to apply. Exceptions exist for practical training, exams, and vulnerable pupils and students. In principle, educational institutions will reopen after the Christmas break. The government will take a decision on this on 3 January at the latest. Out-of-school care (BSO) centres will also be closed until Sunday 9 January. Emergency childcare will be provided for the children of key workers and for vulnerable children. Daycare for children aged under 4 will remain open.

Booster vaccinations

To increase protection against the Omicron variant, everyone aged 18 and over will be invited to receive a booster vaccination as soon as possible. Getting a booster offers the best protection against this variant. The aim is to ensure that as many people aged 60 and over as possible receive their booster before the end of the year. Where capacity allows, people aged 60 and over who already have a booster appointment for January will be invited to move their appointment forward. They will receive an SMS text message with more information next week. These people are requested not contact the municipal health service (GGD) themselves. Around 7 January, everyone aged 18 and over will be invited to make an appointment online to receive their booster vaccination. In the second half of January, everyone aged 18 and older who was vaccinated or had coronavirus more than three months ago should have had the opportunity to receive a booster vaccination.

Make your appointment online if you can. This will help the GGD run its booster campaign as quickly and efficiently as possible. If you are unsure how to make an appointment online, ask someone to help you. Staff at your local library can also help you make an appointment online.

Healthcare

The Omicron variant is known to spread rapidly, which may put the healthcare sector under significant pressure. This pressure would be felt not only by hospitals, but also by homecare services, mental health services (GGZ), GPs and the care sector for the elderly and disabled. Plans are currently being drawn up covering a range of scenarios to ensure healthcare provision can continue in as optimal a way as possible. The aim is to ensure that, even under the most difficult circumstances, everyone who requires urgent care has access to it.

Infection rate must go down: stricter rules to limit person-to-person contacts

Source: Government of the Netherlands

The government is tightening up measures to combat the sharp increase in coronavirus infections and avoid putting further pressure on the overburdened healthcare sector. The virus is transmitted through contact between people, so additional measures are being introduced to reduce the number of contacts that people have on a day-to-day basis. This will protect everyone better, and people in at-risk groups in particular, against the virus, which is now extremely widespread. The aim is to enable people to go about their daily activities (school, work, sports, etc.) as much as possible during the day, but to restrict the number of contacts in the evening. These measures will enter into force at 18.00 on Saturday 13 November and apply until at least Saturday 4 December. The government will reassess the situation on Friday 3 December.

To enable society to reopen as fully and as safely as possible after these three weeks, while keeping the infection rate manageable, the government is working to make coronavirus entry passes mandatory by law in additional sectors and the workplace. Preparations are also being made to allow businesses to choose whether to apply a 2G or 3G entry policy. Parliament will have to approve any such legislation.

Short-term measures

  • Everyone must stay 1.5 metres from others in areas or venues where a coronavirus entry pass is not required.
  • Face masks are mandatory in areas or venues where a coronavirus entry pass is not required.
  • Businesses providing non-essential goods and services, such as clothes shops, contact-based services such as hair salons, and casinos must close at 18.00.
  • Food and drink venues and shops selling essential goods, such as supermarkets, pet shops and chemists, must close at 20.00.
  • Coronavirus entry passes and assigned seats are mandatory in food and drink venues.
  • Events must end at 18.00. Coronavirus entry passes and assigned seats are mandatory, and there is a limit of 1,250 visitors per space.
  • The mandatory closing time does not apply to artistic and cultural performances, for instance in cinemas, theatres and concert halls.
  • Spectators are not allowed at professional or amateur sports events. There are no further restrictions for sports.
  • People are advised to work from home unless that is impossible.
  • No more than four visitors are allowed in your home in a day.
  • If someone in your household tests positive for coronavirus, that person must self-isolate, and everyone else in the household must self-quarantine, whether they are vaccinated or not.
  • In secondary vocational (MBO) and higher education (HBO and universities), the maximum group size, not including staff, is 75 people per room. This does not apply to spaces where examinations are sat.

A complete overview of measures, conditions and exceptions can be found on the page ‘Measures in brief’

Financial support will be available for businesses directly affected by these new coronavirus restrictions, such as retailers and food and drink venues. The government will provide more details about this support for businesses next week.

These new measures come on top of the measures that already apply, including the basic rules, mandatory face masks and the coronavirus entry pass system. Get tested if you have any symptoms of COVID-19, even if you’re fully vaccinated.

Proposed longer-term measures

If we succeed in reversing the current trend in the weeks ahead and the number of positive cases falls, the government believes it will be possible to reopen society as fully and as safely as possible. We will then be able to roll out the coronavirus entry pass system more widely. Legislation is being drafted that will make coronavirus entry passes mandatory for most shops and for venues like zoos and amusement parks. The legislation will also allow employers to check coronavirus entry passes in the workplace. The government had already announced these legislative proposals last week. A new proposal is being added to these. The government wants to give businesses subject to the coronavirus entry pass system the ability to choose between a 3G door policy (proof of vaccination or recovery, or a negative test result) with assigned seating, and a 2G policy (proof of vaccination or recovery only) without assigned seating. This legislative proposal will be sent to parliament as soon as possible.

Vaccine booster campaign to begin sooner

The COVID-19 vaccine booster campaign is starting (in Dutch only) on Friday 19 November for people aged 80 and over who can come to a vaccination centre themselves, care home residents aged 18 and over, and healthcare workers who come into contact with patients. A booster is an extra dose of vaccine that people get on top of their initial vaccinations. This ensures a high level of protection against serious illness and helps reduce the number of hospital admissions.

Set-up of first seven cannabis-growing farms for experiment has commenced

Source: Government of the Netherlands

To date, the ‘closed coffee shop chain experiment’ – also known as the ‘weed experiment’ – has involved the designation of seven growers to legally produce hemp and hashish for sale in coffee shops in ten participating municipalities. These growers are now setting up their farms, after which they will start to grow hemp and hashish. The time that the farms and municipalities need for both will determine when the growers can start to supply coffee shops.

Ministers Grapperhaus (Justice and Security) and De Jonge (Health, Welfare and Sport) reported the above to the Lower House in a letter today. They will work with growers and the relevant mayors to establish a start date for delivery to coffee shops during the so-called transition phase of the experiment. The municipalities now need to join forces with the growers and the surrounding communities to decide on the most appropriate farm set-up and communication about it for the location in question.

Important planning factors

In the period ahead, several factors will be important for planning, such as the time needed to prepare the growing locations and obtain permits under the Environmental and Planning Act. There has to be enough hemp and hashish to supply the coffee shops, and the quality and diversity of the products has to be right too.

The transition phase

During the transition phase, the participating coffee shops will be able to sell the hemp products grown by the cannabis-growing farms – as part of the experiment – as well as any products they were already allowed to sell before. The weed-experiment phase will start after the transition phase and will continue for four years. During the experiment phase, participating coffee shops will only be allowed to sell hemp and hashish supplied by the designated growers as part of the closed coffee shop chain.

The aim is for the designated growers to meet the conditions applicable and for the transition phase to start at some point in the second half of 2022. Once the start date has been determined, ongoing monitoring will take place to see whether the planning is realistic and identify opportunities for acceleration.

Prospective growers

In the coming period, it will be possible to select a maximum of three growers to join the current seven designated growers in the weed experiment. This selection procedure is still ongoing. When designing the weed experiment, the government decided that a maximum of ten cannabis growing farms could participate, which would ensure that supply was efficient.

Infections must decrease, appropriate measures needed

Source: Government of the Netherlands

In recent weeks the number of coronavirus infections in the Netherlands has risen rapidly. More and more people are being admitted to hospital. The number of COVID-19 patients in ICUs is now growing and calculations show that numbers could increase further. The National Institute for Public Health and the Environment (RIVM) expects a peak of 500 COVID-19 patients in ICUs this winter. To ensure that we can continue to provide everyone with the healthcare they need and protect the vulnerable groups in our society against the increased presence of coronavirus, the government is taking extra measures to slow down the rapid spread of the virus. In doing so, the government wants to keep society open as much and as safely as possible. These measures are in addition to the current rules, such as the closing times for hospitality venues and the 75% maximum capacity limit for indoor events without assigned seating.

Greater focus on the basic rules

First of all, it is important that everyone continues to follow the basic rules, even if they have been vaccinated. The better we do this together, the less the virus can spread and the fewer restrictive measures will be necessary. The basic rules have proved successful in preventing infections.

The basic rules:

  • Get tested if you have COVID-19 symptoms: stay at home and get tested by the municipal health service (GGD), even if you’ve been vaccinated.
  • If you test positive, stay at home and avoid contact with others, even if they have been vaccinated.
  • 1.5 metres is a safe distance. Protect yourself and others.
  • Don’t shake hands.
  • Wash your hands thoroughly and regularly.
  • Cough and sneeze into your elbow.
  • Ensure a good flow of fresh air indoors.

Working from home and advice for travel

From 3 November 2021, the current advice for working from home will be tightened. From that date onwards, you should work from home for at least half of your normal hours. We know that working from home is an efficient way to combat the spread of coronavirus. It helps to reduce the frequency of contact between people.

If you do have to go to work or you go on a trip during your leisure time, avoid busy places while travelling and go outside peak hours.

Face masks mandatory in more places

From 6 November, face masks will be mandatory again at more locations. You must once again wear a face mask in all indoor public spaces where coronavirus entry passes are not required. This includes:

  • inside all buildings accessible to the public and in covered areas where coronavirus entry passes are not required, such as:
    • supermarkets, shops, libraries, play and gaming venues, amusement parks, etc.; 
  • on public transport, at stations (including shops at stations), on platforms and at bus and tram stops;
  • at airports and on aircraft;
  • when moving around secondary vocational schools (MBO) and higher education institutions (HBO and universities). You can take your face mask off when seated;
  • where necessary, in the case of contact-based professions. This applies to both the client and the service provider.

You must wear a face mask in these places. If you do not, you risked being fined €95.

Coronavirus entry pass required at more places

From 6 November, coronavirus entry passes will be required at more locations. Using the entry pass system reduces the likelihood of the virus circulating at these locations. Only admitting people who have recovered from COVID-19, have been vaccinated or have tested negative considerably lowers the risk of infection for all visitors. Although the system cannot rule out the possibility of becoming infected, it does ensure that people can come together as safely as possible. It also helps to keep most locations open at full capacity.

It is important that all locations where a coronavirus entry pass is required scan the pass and check the person’s ID. All visitors must show their personal QR code and a valid form of ID.

Coronavirus entry passes are required from 6 November: 

  • at establishments serving food and drinks, both indoors and in outdoor seating areas, except for takeaway;
  • at casinos;
  • at cultural locations such as theatres, music venues and cinemas;
  • at locations where there is a continuous flow of visitors in sectors where coronavirus entry passes are already required. This includes museums and historic buildings;
  • at events with a continuous flow of visitors who do not have an assigned seat, such as fun fairs and certain sports events;
  • at events such as festivals and live performances, whether or not visitors have an assigned seat;
  • at business events, such as trade fairs and conferences;
  • for spectators at professional and amateur sports matches and competitions. Spectators under the age of 18 at amateur sports matches and competitions are exempt from this requirement;
  • when taking part in organised sports activities from the age of 18. This includes gyms, group lessons, football and swimming. This applies to participants and spectators at all indoor and outdoor sports facilities, including sports canteens and clubhouses;
  • when taking part in artistic and cultural activities from the age of 18, such as music and painting lessons and singing, dance and theatre rehearsals.

Organised activities for children aged under 18 are exempt from the coronavirus entry pass requirement.

You can get a coronavirus entry pass if you are fully vaccinated, have valid proof of recovery or a negative result from a coronavirus test taken less than 24 hours before entry. For people without proof of vaccination or recovery, getting tested for entry will remain free of charge.

You can generate a coronavirus entry pass using the CoronaCheck app on your mobile phone. You can also show a coronavirus entry pass on paper. Staff at hospitality establishments and organisers of events, sports matches and cultural activities can download the CoronaCheck Scanner app, so that they can easily check the validity of entry passes.

Booster vaccinations

From December, booster vaccination rollout will begin for everyone aged 80 and over who can come to a GGD vaccination location. All adult residents aged 18 and over at care institutions that have their own medical service will also be offered a booster vaccination from that time. These people can get an extra dose on top of the two doses they have already received (or after one dose in the case of the Janssen vaccine) as additional protection against serious illness and hospitalisation. From January, people aged between 60 and 80 will be invited to receive a booster vaccination, with the oldest people in this group being invited first. From next month, a booster will also be offered to healthcare workers who have direct contact with patients.

Looking ahead

The government is preparing other measures that may need to be taken in the near future if we cannot curb the trend in infections. At locations where visitors are required to show a coronavirus entry pass, such as in the hospitality sector, the government wants employers to ask their employees to also show a coronavirus entry pass. In addition, we want to make it possible for employers in other sectors to opt for coronavirus entry passes. This option should also be open to the healthcare sector, for both staff and visitors. And finally, the government wants to be able to introduce coronavirus entry passes at other locations that large numbers of people visit on a daily basis, such as non-essential shops, as well as zoos and amusement parks. These measures must be able to be used specifically in towns and villages with a low vaccination rate and a high number of infections and hospital admissions.

These measures are being prepared in consultation with parties such as employers and employees. They also require parliamentary approval. The situation will be reassessed on 12 November following advice from the Outbreak Management Team (OMT).