AFM is the Dutch financial regulator

Market regulation is of particular importance for currency traders, because the safety of their capital and honesty of work depends on the degree of control by public and private structures over the activities of dealing centers. Today, fortrader.org magazine reviews for you the Dutch financial regulator - the AFM. Its regulations apply not only to the foreign exchange market but also to other financial markets in the Netherlands.

Dutch Financial Markets Authority - AFM

• Full name: Netherlands Financial Markets Authority
• English title: The Netherlands Authority For The Financial Markets
• Abbreviated title: AFM
• Subordinate countries: Netherlands
• Funding: at the expense of the state budget
• Degree of trust of tradersmedium
• Official website: www.afm.nl

The organization came into existence in the spring of 2002 and was the successor of the Netherlands Securities Authority. Initially, most of the regulator's tasks were aimed at controlling operations on the stock exchange, but now The Netherlands Authority For The Financial Markets controls the bulk of all financial markets in the country. The activities of the organization are monitored by the Ministry of Finance, which also determines the powers of the Authority. However, the performance of controlling operations AFM performs autonomously.

The main objectives of the regulator are to increase the accessibility of financial markets, to facilitate their normal functioning, and to strengthen the confidence of capital redistribution participants in the exchanges. Under the control of AFM falls credit, investment, insurance policy of all companies that realize their interests within the financial markets. The organization carries out its tasks in close cooperation with the Central Bank of the Netherlands.

The Netherlands Authority For The Financial Markets has been providing security for participants in currency trading and other types of investments in the Netherlands for more than 10 years. Since AFM closely linked to the country's Ministry of Finance and the Central Bank, trust traders there is one. However, you should understand that this regulator can only protect your interests if you have a service contract with a company registered in the Netherlands. Otherwise, you will not be able to address it.