Day: January 6, 2022

Jan 06
Call for candidates for the audit Public Interest Oversight Board

The Monitoring Group selects new members of the Public Interest Oversight Board that oversees the quality of international auditing standards. The Monitoring Group brings together a number of international institutions and financial regulators that represent the public interest in areas related to international auditing standards setting and audit quality. The FSMA Chairman, Jean-Paul Servais, in […]

Jan 06
Fraudulent offers of wealth management

The Financial Services and Markets Authority (FSMA) warns the public against the activities of two new companies that make fraudulent offers of wealth management. To help understand how this type of fraud works, the FSMA has produced an animated film as well as a video with the testimony of a victim (available in French or Dutch only) of […]

Jan 06
Press release on the suspension of trading in Nyxoah

ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 78 OF THE LAW OF 21 NOVEMBER 2017 Trading in the financial instruments of Nyxoah, ISIN BE0974358906, on Euronext Brussels is suspended on the request of the company from 01/07/2021 at 09:00 CET until the publication of a press release. Trading will […]

Jan 06
Newsletter: Compliance with the obligation of continuing professional education and long-term medical leave

Since 1 January 2020, insurance and reinsurance intermediaries, their senior managers responsible for day-to-day management, their heads of distribution as well as insurance companies’ heads of distribution and public-facing staff (PCPs) must attend 15 hours of continuing professional education annually. The FSMA recently received various questions from the sector regarding the application of these rules […]

Jan 06
Agreed settlements relating to individual pension commitments

This press release is not available in English. Please consult the French or Dutch page. Source: FSMA

Jan 06
Fraudulent credit offers

The Financial Services and Markets Authority (FSMA) warns the public against the activities of unauthorized lenders who offer false credits to consumers. The FSMA also publishes two new videos (available in French or Dutch only) to raise public awareness of this type of fraud. The FSMA has received several reports from consumers about fraudulent credit offers made via […]

Jan 06
FOMC December minutes: no time to wait

The minutes of the last Fed meeting was a surprise for investors, despite the fact that Powell at the press conference clearly outlined the course for policy tightening. Inflation in the US is on the rise and the covid is expected to only fuel this trend, so the central bank needs decisive action to maintain […]

Jan 06
FOMC Minutes Show Fed In Firmly Hawkish Territory

Fed In Full SwingThe release of the December FOMC minutes last night confirmed that the Fed is well and truly back into hawkish territory now. With the Fed announcing a doubling of monthly tapering at the last meeting, along with upgrading its economic forecasts and dot plot forecasts alike, there was little doubt that the […]

Jan 06
Kirkland's authorizes $30 million share repurchase

Kirkland’s Inc. KIRK, -5.77% announced a new $30 million share repurchase program on Thursday. The announcement comes after a holiday period in which the home retailer says a comparable sales decline of 6.4% was in line with expectations. Comparable sales fell 9.5% in November 2021 and were down 3.3% in December 2021. The company still […]

Jan 06
GBPUSD Wave Analysis – 31 December, 2021

• GBPUSD reversed from resistance level 1.3500 • Likely to fall to support level 1.3375 GBPUSD currency pair recently reversed down from the key resistance level 1.3500 (which stopped the previous corrective wave (iv) in the middle of November). The resistance zone near the resistance level 1.3500 was strengthened by the upper daily Bollinger Band […]