Monthly Archives: September 2017

Netherlands – AFM Fine Bank Trade Report

On 20 September, AFM fined ABM Amro Bank, Clearing for trade reports. In July 2017, imposed 2 administrative fines of €400k and €500k on ABN Amro. Fines were imposed because banks failed to notify transactions to AFM in time. Constituted violation of S, 4:90e(3) of the Financial Supervision Act, that firms performing transactions in listed…
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