The Netherlands Authority for the Financial Markets (AFM) warns consumers not to respond to offers whereby the name of Financial Services Regulator of Amsterdam (FSRA) is used.
Consumers are approached with an investment proposal, whereby it is indicated that the offering institution is registered with the FSRA. Reference is also made to a website www.fsra.nl or www.fsra-nl.org. The offer and the website imply that the FSRA supervises the financial markets in the Netherlands. That impression is incorrect. Said supervision is exercised in the Netherlands by the AFM and De Nederlandsche Bank. The FSRA is a non-existing institution.
The AFM advises consumers, who wish to do business with an institution or person, to check the relevant register on the AFM's website in advance to verify whether the relevant institution or person is registered. The AFM also urgently advises consumers to check the warning lists and press releases at www.afm.nl in advance. Consumers with questions or comments 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.