News
22/08/23
Correction for the Caribbean Netherlands: highest permitted credit compensation has not been reduced
On May 31 2023, the AFM informed the market for the Caribbean Netherlands that the highest permitted credit compensation would be reduced to 21% as of July 1, 2023. This reduction has not come into effect. The highest allowed credit rate remains at 22%.
The announced reduction is expected to take place on 1 January 2024. When there is more clarity about this, the AFM will inform the market.
Do you have any questions?
Send your questions about the highest permitted credit compensation to BES@afm.nl.Contact for this article
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