The AFM has published a report of its findings with regard to its supervision of financial reporting in 2010.

The report shows that, compared to 2009:

  • the AFM completed 10% more reviews of financial reporting in listed companies
  • made fewer requests for additional information
  • issued fewer “notifications” of shortcomings in financial reporting
  • made more recommendations

The AFM also reports that in 2010 it operated less formally on a number of points and sought contact with undertakings more quickly and directly.