The Dutch Authority for the financial Markets (AFM) promotes the conscientious provision of financial services to consumers and supervises the honest and efficient operation of the capital markets. Companies that are active as such on the Dutch financial Markets can be legally bound to pay for the costs of supervision.
There are 2 types of charges:
- Retributions for the performance of a specific activity, such as the granting of a license or an exemption. This is an annually determined fixed amount for each type of service.
- Levies for continuous supervision. This may be a fixed amount per institution, with the possible addition of a variable amount based on a charge criterion (such as the average market capitalization at securities issuing companies). These levies are also annually determined.