Measures the AFM may apply

The type of action we choose and how we take it depends on the specific situation and is consistent with the enforcement policy which we have developed together with DNB. We can make use of the formal measures and instruments available to us under the law, which include issuing an instruction, imposing an order for incremental penalty payments or imposing an administrative fine. We can also opt for other methods of enforcement to achieve the desired effect. We consider which instrument is most appropriate in light of the specific situation.

Enforcement in perspective

It is important that the public, business and government have confidence in the financial markets. And that these markets operate in a transparent and fair manner. Public expectations of our supervision are high.

The AFM should be able not only to explain clearly why it took or omitted to take certain action but also why a particular enforcement instrument was or was not used. We therefore provide insight into how we make our choices and what approach we take to ensure we work as effectively and diligently as possible.

This is our enforcement in perspective.