- Granting licences. Lenders must have a licence from the AFM, for which they must meet certain requirements. If an institution does not have the correct licence the AFM can impose sanctions.
- Controls: AFM employees regularly visit institutions to check that they work according to the applicable laws and regulations.
- Ensuring that consumers are properly informed. For example, if an advertisement breaks the rules, the AFM can intervene and if necessary impose sanctions.
Regulation by the AFM
The AFM has a number of different ways in which it regulates financial institutions that offer credit: