The Netherlands Authority for the Financial Markets ("AFM") has announced its intention to use mystery shoppers during supervisory investigations. Mystery shopping is used to investigate the provision of financial services in practice without the investigated party being aware that it is dealing with the regulator. According to the AFM, a pilot has shown that this method can be effective to verify whether financial undertakings are complying with the Financial Market Supervision Act ("FMSA").
Register Now As you are not an existing subscriber please register for your free daily legal newsfeed service.
RegisterIf you have any questions about the service please contact customerservices@lexology.com or call Lexology Customer Services on +44 20 7234 0606.
AFM to use mystery shoppers
- De Brauw Blackstone Westbroek
- Patrick Ploeger, Marnix Somsen and Roan Lamp
- Netherlands
- October 14 2011
-
If you are interested in submitting an article to Lexology, please contact Andrew Teague at ateague@lexology.com.
![]()
Don Sangster
Legal Department Administrator
Jovian Capital Corporation