De Nederlandsche Bank has issued a public warning about IDSG Capital B.V. of Heerlen after finding that the firm is breaching the prohibition on attracting repayable funds from the public. The central bank said IDSG Capital offers people the opportunity to invest or place money with the promise of a return, but it is not allowed to carry out those activities because it does not have a banking licence. According to DNB, IDSG Capital is acting in breach of the Dutch Financial Supervision Act and does not fall within any exception to the ban. People who have placed money with the firm are not themselves in breach, but DNB said they may face an increased risk of losing all or part of their money because IDSG Capital is not under supervision. DNB also pointed the public to its register to check whether a firm is licensed and which financial services it may provide.
De Nederlandsche Bank 2026-05-06
De Nederlandsche Bank warns against IDSG Capital for illegally taking repayable funds from the public
De Nederlandsche Bank has issued a public warning against IDSG Capital B.V. for breaching the prohibition on attracting repayable funds from the public without a banking licence under the Dutch Financial Supervision Act. The central bank warned that clients may face an increased risk of losing all or part of their money as the firm is not under supervision and urged the public to check its register to verify firms’ licences and permitted activities.