Three fines when it comes to offering that is illegal of loans

Three fines when it comes to offering that is illegal of loans

Holland Authority for the Financial Markets (AFM) has imposed a fine that is administrative BA Finance, a party providing payday advances, as well as its two directors. The fines are for providing short-term loans (referred to as ‘payday loans’) with out obtained a licence to take action.

The 3 split magazines associated with the fines therefore the decisions that are associated listed below.

AFM imposes fine on BA Finance for providing pay day loans without a licence

Holland Authority for the Financial Markets (AFM) has imposed an administrative fine of €150,000 on BA Finance B.V. Continue reading “Three fines when it comes to offering that is illegal of loans”