The AFM imposes an order for incremental penalty payments on Noordum Verzekeringen B.V.

The Netherlands Authority for the Financial Markets (AFM) hereby announces that, on 28 March 2011, it imposed an order for incremental penalty payments on: Noordum Verzekeringen B.V. (Noordum), with its registered office in Franeker and maintaining offices at Montferlandsestraat 44, 7041 CJ in 's-Heerenberg.

The order for incremental penalty payments was imposed because Noordum has failed to comply with the request for information from the AFM. The AFM requested information from Noordum because it suspects that said Noordum has provided or continues to provide financial services without a licence from the AFM for this purpose.

Noordum did not supply the requested information by the deadline and is therefore required to make incremental penalty payments. The requested information still needs to be provided to the AFM.

If you have any questions or comments 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.

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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