Roadmap Wft licence application for financial service providers

The 12 steps for applying for a license with the AFM

Companies that wish to advise on
financial products in the Netherlands
mediate in or offer financial products
usually need a licence
Authority for the Financial Markets (AFM) or
De Nederlandsche Bank.

It helps if you know what is involved in such an application. For example, did you know:

  1. There are always fees associated with a permit application, even if an application is withdrawn or denied?
  2. The concealment of antecedents in the trustworthiness review of directors is heavily charged to the applicant?
  3. The requirements for a relevant work environment in the financial sector include a sufficient alignment between the experience of the policymaker and the company in which they will work?