Day: January 7, 2022
The FSMA once again warns the public against fraudulent investment offers in wine, champagne and spirits (see our warnings from 4 July 2019 and 11 February 2020). The principle remains the same: victims are contacted by phone by a salesperson, who offers them investments in wine, champagne or spirits and invites them to consult an online […]
This news article is not available in English. Please consult the French or Dutch page. Source: FSMA
During the past three years, 830,000 Belgians traded on the stock market. That number is now on the rise: in the first three months of 2021, the number of unique investors had more than doubled relative to the first quarter of 2019. The number of new investors at the beginning of 2021 was 50% higher […]
The FSMA has published an opinion about minimum standards for SPACs. The position taken by the FSMA on this question was presented to the sector during a public consultation that ended on 31 May 2021. Read the opinion of the FSMA here Source: FSMA
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 Hamon, ISIN BE0974352842, on Euronext Brussels will re-open on 21/6/2021 at 09:00 CET. Source: FSMA
The Financial Services and Markets Authority (FSMA) has examined the key information documents made available to Belgian retail clients who buy insurance-based investment products or structured products. The aim was to determine whether these documents are of sufficiently high quality to enable clients to understand clearly the features of these products. As a result of […]
The FCA has commenced criminal proceedings against the 2 former directors of Collateral (UK) Ltd (Collateral), Peter Currie and Andrew Currie, who each face 2 charges under the Fraud Act 2006 and 1 charge under the Proceeds of Crime Act 2002. The FCA alleges that the Curries, who are brothers, dishonestly represented to investors that […]
A little more than half of all Belgian public funds consist of sustainable assets or invest sustainably. These are the findings of a study conducted by the FSMA on the occasion of the introduction of the Sustainable Finance Disclosure Regulation (SFDR). The European Regulation on sustainability-related disclosures in the financial services sector, better known as […]
On 31 December 2021 Ounapuu Ltd, formerly trading as Ferratum UK, was placed into a Creditors’ Voluntary Liquidation. Paul Boyle, David Clements and Anthony Murphy of Harrisons Business Recovery & Insolvency (London) Limited were appointed as Joint Liquidators. The firm’s name was changed from Ferratum UK Limited to Ounapuu Ltd on 4 November 2021. Ounapuu […]
Stocks struggled for direction early Friday, opening near unchanged after a mixed jobs report that saw nonfarm payrolls rise by a much weaker-than-expected 199,000 in December. The Dow Jones Industrial Average DJIA, -0.17% fell 78 points, or 0.2%, to 36,158, while the S&P 500 SPX, -0.47% was down 0.1% at 4,693. The Nasdaq Composite COMP, […]
