The AFM imposes an order for incremental penalty payments for failing to comply with requests for information05-07-2012
On 3 May 2012, the Netherlands Authority for the Financial Markets (AFM) imposed an order for incremental penalty payments on Mr R. van den Berg, formerly trading under the name Montana Beheer, for failing to comply with requests for information from the AFM. The AFM requested information from Mr R. van den Berg because it suspects that Mr R. van den Berg has provided or continues to provide financial services without a licence from the AFM for this purpose.
Mr R. van den Berg, with an address at Neutronenlaan 6A, 5405 NH Uden, did not supply the requested information before the fixed deadline and is therefore required to make incremental penalty payments. The requested information still needs to be provided to the AFM. The incremental penalty payments will increase by €4,000 for every day Mr R. van den Berg fails to comply with the order, subject to maximum of €80,000.
The AFM calls on the public to share information on Mr R. van den Berg with the AFM. If you wish to do so, you can contact the Financial Markets Information Line on: 0900-5400 540 (5 eurocents per minute).
The AFM promotes fairness and transparency within financial markets. We are the independent supervisory authority for the savings, lending, investment and insurance markets. The AFM promotes the conscientious provision of financial services to consumers and supervises the honest and efficient operation of the capital markets. Our aim is to improve consumers’ and the business sector’s confidence in the financial markets, both in the Netherlands and abroad. In performing this task the AFM contributes to the prosperity and economic reputation of the Netherlands.