What does the AFM do?

The AFM grants licences
Before the AFM grants a licence, a provider's reliability, expertise and its operations are assessed. The AFM monitors the provider's behaviour even after the licence has been granted.

The AFM has a warning list
The AFM maintains a list of all firms which have received a warning due to them not keeping to the rules. One example is firms which offer financial products without a licence.

The AFM provides information on financial enterprises
The AFM can tell you:

• Whether a licence is needed.
• Which requirements a financial enterprise has to fulfil in order to acquire a  licence.
• Whether a certain provider has a licence.
• Whether a provider has an approved prospectus.
• Whether a provider is on a warning list.

The AFM cannot tell you which provider is the best or which providers are reliable and which not.