Day: January 11, 2022

Jan 11
Oreo celebrating 110 years with Chocolate Confetti Cake Cookie

Oreo is celebrating 110 years with a limited-edition Oreo Chocolate Confetti Cake Cookie, made with rainbow sprinkles both in the cookie and on the outside. The cookie will be available on January 31, though pre-sales started on Tuesday. Oreo officially turns 110 on March 6. The iconic cookie brand previously announced two new flavors coming […]

Jan 11
Amazon Wave Analysis – 11 January, 2022

• Amazon reversed from support level 3132.30 • Likely to rise to resistance level 3330.00 Amazon recently reversed up from the key support level 3132.30 (previous monthly low from May), intersecting with the lower daily Bollinger Band and the support trendline of the daily down channel from the middle of November. The upward reversal from […]

Jan 11
NZDCHF Wave Analysis – 11 January, 2022

• NZDCHF reversed key resistance level 0.6275 • Likely to fall to support level 0.6177 NZDCHF recently reversed down from the powerful resistance level 0.6275 (which has been reversing the price from the start of December), intersecting with the upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from November. The […]

Jan 11
Newsletter: harmonisation of the conditions for registration and maintaining registration in the various financial intermediation registers

The FSMA aims at maximum harmonisation of the conditions for the registration and the pursuit of financial intermediation activities, particularly insurance distribution, credit intermediation (in consumer and mortgage credit) and intermediation in banking and investment services. Thus, the FSMA’s objective is to simplify and clarify the administrative and regulatory obligations for financial intermediaries. To this […]

Jan 11
The FSMA has launched a consultation about SPACs

A SPAC, or Special Purpose Acquisition Company, is a new company established for the specific purpose of raising capital, applying for a stock exchange listing and within a short period thereafter, financing a merger or acquisition. The FSMA is proposing to introduce minimum standards for SPACs. These minimum standards concern the structure of SPACs, information […]

Jan 11
Update by the NBB and the FSMA on Asset management and Non-bank financial intermediation in Belgium

The National Bank of Belgium (NBB) and the Financial Services and Markets Authority (FSMA) are today publishing an updated study on Asset management and Non-bank financial intermediation (NBFI) in Belgium. This update is part of the regular monitoring of these activities, which constitutes a €138 billion market in Belgium. In 2017, the FSMA and the NBB […]

Jan 11
Keynote speech by the Chairman of the FSMA at a high-level conference on sustainability reporting organized by the European Commission

On Wednesday, 6 May 2021, Jean-Paul Servais, Chairman of the FSMA and Vice Chair of IOSCO, gave a speech at a major conference of more than 2000 participants, organized by the European Commission and titled “High-level conference on a Commission proposal for a Corporate Sustainability Reporting Directive – the way forward”. A considerable number of […]

Jan 11
Fraudulent online trading platforms: the FSMA updates its list of suspicious sites

During the last weeks, the FSMA continued to receive complaints from consumers concerning new fraudulent online trading platforms that are operating in the Belgian market. These trading platforms try to arouse consumers’ curiosity by placing scam ads on social media. In these fake ads, a well-known person often explains how to get rich quick. Trading […]

Jan 11
FAQ on the impact of the coronavirus crisis on supplementary pensions

In the light of the coronavirus crisis, the government has drawn up a number of special measures concerning supplementary pensions. These measures have been extended until 30 June 2021. You can find all the relevant information on this matter in the following FAQ section (available in Dutch and in French only). Source: FSMA

Jan 11
Periodic questionnaire on the prevention of money laundering and terrorist financing

This circular FSMA_2021_10 (available in French or Dutch only) informs obliged entities on the contents of the information, and the modalities for their transmission, intended to be used to assess the compliance and the efficiency of the system they have implemented for combating money laundering and the financing of terrorism. This information is collected by means of an annual questionnaire, […]