The Netherlands Authority for the Financial Markets (AFM) hereby announces that, on 3 June 2009, it imposed an order for incremental penalty payments on: Casahipoteca S.L., established at the following address: Ctra. Moraira-Teulada 32, 03724, Moraira, Alicante, Spain.
The order for incremental penalty payments was imposed because Casahipoteca S.L. fails to comply with the requests for information from the AFM. The AFM requested information from Casahipoteca S.L. because it suspects that Casahipoteca S.L. has provided or continues to provide financial services in the Netherlands without a permit from the AFM for this purpose.
Casahipoteca S.L. failed to provide the information within the term set and is therefore obliged to pay incremental penalty payments. In addition, the information requested must still be provided to the AFM.
If you have any questions or comments you can also 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.
The AFM is committed to promoting fair and transparent financial markets.
As an independent market conduct authority, we contribute to a sustainable financial system and prosperity in the Netherlands.