2020-12-07

AFM refuses to uphold the law

 

AFM stands for Authority Financial Markets. According to Dutch law they are responsible for upholding European Consumer Rights on financial products. And they should enforce lawful behavior of financial corporations.

I have first hand experience that the AFM refuses to do any of that.

 

10 Oct 2020 I asked the AFM:

  1. Order the Rabo bank to repay the money they have stolen from my bank account with interest manipulation, in accordance with European Consumer Rights.

  2. Give the Rabo bank the highest possible fine for interest manipulation.

    The Rabo bank is a notorious repeat offender. In the Libor affair they settled in the USA for a billion dollar. In the Netherlands they continue with interest manipulation, supported by the entire political system of the Netherlands.

  3. Ask the OM (Public Prosecutors Office) to start a criminal case against the Rabo bank robbers gang.

 

1 Dec. 2020 they wrote back:

This is their answer:

 

financial/AFM_weigering_handhaving_wet_1.jpg

 

financial/AFM_weigering_handhaving_wet_2.jpg

 

 

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