Do you have everything you need to become an independent asset manager? It is not a question you can answer easily. You are probably aware that the Dutch Authority for the Financial Markets (AFM) has certain demands before granting a license (article 2:96, Act on Financial Supervision). But what does that mean for you?
With the checklist below, you can find out if you meet all of these demands
Do you have a business partner?
Do you and your partner have investment experience that is in line with the stock services you plan on offering?
Do you and you partner have at least two years of management experience?
Do you have any reason to believe that the Dutch Authority for the Financial Markets will consider you unreliable or unsuitable?
Have you written a business plan?
Have you set up a system for accounting and internal controls?
Can you answer all questions with ‘yes’? In that case, you can fill out your license application for the Dutch Authority for the Financial Markets (AFM). Be aware that we can serve as your partner in the role of custodian bank if you need us to.
Do you need to undertake some action to meet all of the requirements? Contact us for advice with no strings attached.
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