Companies breach reporting regulations: AFM

The financial sector watchdog AFM has warned a number of companies that their annual figures do not meet reporting regulations, reports Monday’s Financieele Dagblad.

The AFM checks the books of 240 Dutch publicly quoted companies.
Of the 58 checked so far this year, 28 have breached regulations. Most of the offences are concerned with the way in which corporate tax is reported or the way takeovers are handled, says the paper.

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