As part of the legislation that created the AFM, its responsibilities were greatly expanded to cover all financial products, including savings, investments, loans, insurance and accounting.
This includes regulating the behaviour of all parties involved with the savings, loans, investment and insurance markets.
The AFM has the following three aims:[2] The public, the business sector and the government all depend on the financial products offered on the various markets for many of their activities.
The AFM works in conjunction with the De Nederlandsche Bank which is responsible for prudential regulation in the Netherlands.
[citation needed] The AFM is a member of the European Securities and Markets Authority (ESMA).