The AFM imposes an order for incremental penalty payments on Wiendels B.V. (Dutch Finance Association)

The Netherlands Authority for the Financial Markets (AFM) hereby announces that, on 22 September 2009, it imposed an order for incremental penalty payments on: Wiendels B.V. in formation (Dutch Finance Association), De Renne 81 (9502 RC) in Stadskanaal.

The order was imposed because Wiendels (Dutch Finance Association) has failed to comply with the request for information from the AFM. The AFM requested information from Wiendels (Dutch Finance Association) because it suspects that this institution has provided or continues to provide financial services without a permit from the AFM for this purpose.

Wiendels (Dutch Finance Association) supplied the requested information only partly by the deadline and is therefore required to make 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.

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