AFM stands for ‘Autoriteit Financiële Markten’ (Dutch Authority for the Financial Markets). It is an independent administrative body with legal tasks and authorities and is the supervisor for conduct on the financial markets in the Netherlands. The minister of Finance is responsible for the policy and legislation regarding financial markets (as written in the Act on Financial Supervision (WFT hereinafter), while the AFM supervises compliance.
These laws and regulations do not just apply to financial businesses (such as banks, insurance companies, wealth managers, or intermediaries), but also to accountants, companies that issue shares, pension funds, and consumers.
TK Vastgoed is a supplier of land positions in the Netherlands. When passing the purchase deed at the notary, our buyers get full property of the land and are from then on responsible for its management.
Because of this structure, the current registered properties offered by TK Vastgoed do not fall within the scope of AFM supervision, nor is TK Vastgoed required to operate with a permit in accordance with the WFT.