2026-04-16

AFM Supervision Report: Improvement Points for CASP Information Disclosure

The Dutch Financial Markets Authority (AFM) issued this April 2026 supervision report identifying persistent deficiencies in how Crypto-Asset Service Providers (CASPs) disclose advertising and cost information under MiCAR regulations. The regulator found that many providers continue to use misleading claims, provide insufficient risk warnings, and obscure cost details, prompting targeted enforcement actions and individual feedback for non-compliant entities. To guide the sector, the AFM outlines five concrete improvement points focusing on transparency, balanced risk communication, and accessible cost presentation, while committing to ongoing risk-based monitoring and enforcement.

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Netherlands

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