Search Results for: Authority for the Financial Markets (AFM)
The Netherlands Financial Markets Regulator Fines International Card Services
June 16th, 2017
The Netherlands Authority for the Financial Markets (AFM) announced that it is fining International Card Services (ICS), a wholly-owned subsidiary of ABN AMRO, for excessive credit limits. In March 2017, ICS took the initiative itself and prepared a compensation ...
AFM fines financial consultancy firm for €2,000 per business day
December 1st, 2016
On 9 November 2016, the Netherlands Authority for the Financial Markets (AFM) imposed an order for incremental penalty payments of €2,000 per business day on Alfred Sturz, trading under the name of Sturz Financieel Advies in Zoetermeer. Sturz operates ...
AFM warns against the business practices of Florijn Duurzaam Wonen
May 17th, 2017
The Dutch Authority for the Financial Markets (AFM) is issuing a warning to consumers regarding the business practices of Florijn Duurzaam Wonen B.V. Florijn Duurzaam Wonen offers bonds in the Netherlands. Based on information on its website, the AFM ...
The Netherlands AFM regulator informed for advertising ban of binary options
September 26th, 2016
When answering Parliamentary questions on 16 September, Minister of Finance Dijsselbloem announced that he will start working together with the Netherlands Authority for the Financial Markets (AFM) on an advertising ban in the Netherlands for toxic investment products for ...
Warning against Ftradition LTD
December 9th, 2014
The Netherlands Authority for the Financial Markets (AFM) warns consumers not to respond to offers from Ftradition LTD. This company is a suspected boiler room. Ftradition LTD has approached persons without being asked, to offer them investment proposals. A ...
Greg Medcraft of ASIC re-elected IOSCO Board Chair
October 3rd, 2014
The International Organization of Securities Commissions (IOSCO) today re-elected Mr. Greg Medcraft as Chairman of the IOSCO Board. Mr. Medcraft was re-elected at the inaugural meeting of the newly constituted Board, during the IOSCO Annual Conference in Rio de ...
FSA agrees on mutual Reliance with Foreign Jurisdictions in the Area of Audit Oversight
June 11th, 2014
The Japanese Financial Services Agency (FSA) and the Certified Public Accountants and Auditing Oversight Board (CPAAOB) published “A Framework for Inspection / Supervision of Foreign Audit Firms, etc.” on September 14, 2009, and stated that with respect to information ...
Dutch regulator AFM prepares advertising prohibition on Binary Options, Forex and CFDs
February 21st, 2017
The Dutch regulator, Financial Markets Authority (AFM), has issued an announcement to inform that it starts a consultation period for responds in relation to proposed changes in advertisement of certain financial products considered to be highly risky. According to ...
