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Rectification: standard amounts for lending will apply from 1 May 2018 instead of 1 April 2018

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The former newsletter for the Caribbean Netherlands outlined that the new standard amounts for consumer loans would start to apply from 1 April. This is incorrect.

 

The ministry of Finance has indicated that the new standard amounts for 2018 will start to apply from 1 May 2018. This means that the old standard amounts - which you can find on our website - will be applicable until 1 May. The ministry of Finance changes the standard amounts for consumer loans yearly.

In case you have any questions regarding this subject please send an email to bes@afm.nl.

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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