AFM withdraws 27 financial service licences

The financial market regulator AFM has withdrawn the licences of 27 financial service providers and fined a further nine.

The 27 agencies, which were not named, are not members of the financial services foundation StFD and have been refused a licence on the basis of information provided by them to the AFM.
The other nine, which are listed on the AFM’s website, have not yet filled in self-assessment forms, which they are required to do by law, the AFM said.

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