The AFM regulates insurance companies in different ways: By ensuring that consumers are properly informed. For example, if an advertisement breaks the rules, the AFM can intervene and if necessary impose sanctions.
Moreover, who regulates financial services in the Netherlands?
The Netherlands Authority for the Financial Markets (Dutch: Autoriteit Financiële Markten) is the financial services regulatory authority for the Netherlands. Its role is comparable to the role of the SEC in the United States.
People also ask, what is DNB license?
A safe, innovative, reliable and responsible financial sector can contribute towards sustainable prosperity in the Netherlands, which is what De Nederlandsche Bank (DNB) seeks to achieve. … A bank may not start operations until it has been issued a licence, unless it is exempted and does not need a licence by law.
What is the AFM?
Acute flaccid myelitis (AFM) is an uncommon but serious neurologic condition. It affects the nervous system, specifically the area of the spinal cord called gray matter, which causes the muscles and reflexes in the body to become weak. Increases in AFM cases have occurred in 2014, 2016, and 2018 in the U.S.
Are Dutch guilders worth anything?
One Dutch guilder in 1914 could buy roughly the same amount of goods and services as 10.02 U.S. dollars or 8.17 euros in December 2017. In 1938, the guilder purchasing power would be approximately equal to 9.54 U.S. dollars or 7.78 euros in December 2017.
What is the Dutch National Bank?
De Nederlandsche Bank NV
How do I get a bank account in the Netherlands?
To open a bank account in the Netherlands you will need the following:
- Your BSN number (Burgerservicenummer)
- A valid form of ID (passport or identity card – often a drivers licence is not acceptable)
- Proof of address (i.e. a rental contract)
- Residency permit if you come from outside of the EU.