AFM advocates for supervision of issuers of investment bonds (beleggersobligaties)
The AFM has announced in a press release on February 18th that it has advocated for continuous supervision of providers of so called investment bonds with the Dutch ministry of Finance. The ministry is currently preparing legislative amendments.
The AFM holds the view that investors in investment bonds require more effective protection. Many providers currently make use of existing exemptions and of exceptions to the prospectus duty and are also not subject to the continuous supervision of the AFM. The AFM’s press release can be found here (in Dutch).