Day: January 27, 2022

Jan 27
Brexit: Information for Belgian policyholders

On 31 December 2020, the United Kingdom (UK plus Gibraltar) will withdraw from the European Union. Brexit has important consequences for the insurance companies and intermediaries that are active in Belgium on the basis of an authorization in the UK. As from 1 January: Insurance companies based in the UK may not launch new activities […]

Jan 27
Newsletter: AML – Annual activity report and animated films

AML – ANNUAL ACTIVITY REPORT In its Communication FSMA_2020_12 (French – Dutch) of 6 October 2020, the FSMA provides AMLCOs of entities subject to the Law of 18 September 2017 (‘AML Law’) with a guide (French – Dutch) to help them prepare their annual activity report. The guide offers a clear and comprehensive structure to establish […]

Jan 27
Press release on the reopening of trading in Immo Beaulieu

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 “Immo Beaulieu”, ISIN BE0003661726 on Euronext Brussels will re-open on 18/12/2020 at 11:30 CET. Source: FSMA

Jan 27
Press release on the suspension of trading in Immo Beaulieu

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 “Immo Beaulieu”, ISIN BE0003661726, on Euronext Brussels is suspended on the request of the company from 17/12/2020 at 11:30 CET until the publication of a press release.   […]

Jan 27
Modified procedure for submission and handling of dossiers relating to public offers

The FSMA publishes a new version of its communication FSMA_2019_13. This new version has been modified to take into account the new reporting obligations towards ESMA and clarifies the language requirements for prospectus documents. Source: FSMA

Jan 27
The Aussie is falling. Overview for 27.01.2022

AUDUSD continues falling; the “greenback” remains strong.   The Australian Dollar continues falling against the USD on Thursday. the current quote for the instrument is 0.7077. The American currency remains strong after “hawkish” comments from the US Fed and that puts a lot of pressure on AUD.  The statistics published by Australia weren’t impressive and […]

Jan 27
The Euro fainted. Overview for 27.01.2022

EURUSD plunged after the US Fed January meeting.   The major currency pair is weakening on Thursday. the current quote for the instrument is 1.1190. During its January meeting, the US Fed left the benchmark interest rate unchanged at 0.25%, just as expected. The QE tapering pace also remained the same and the programme will […]

Jan 27
Low Yielding Currencies Look Increasingly Vulnerable to Downside After the Fed

The US labor market is “strong”, inflation is “well above” the target level and balance sheet runoff could be combined with interest rate hikes – these are the three key takeaways from the Fed meeting. We can conclude from them that the Fed’s lead, in terms of intentions to tighten policy, has only increased compared […]

Jan 27
Market Spotlight: Trading Today's US GDP Release

USD GDP Up NextOn the back of yesterday’s hawkish FOMC meeting, the focus is now on advance quarterly USD GDP data due to be released later today. The market is looking for a firm bounce from the prior quarter’s 2.3% reading to 5.3%. If confirmed, this should add further fuel to the current USD rally, […]

Jan 27
Brent Wave Analysis – 25 January, 2022

• Brent reversed from support level 85.35 • Likely to rise to resistance level 88.75 Brent recently reversed up from the key support level 85.35 (previous strong resistance level from October, actin as the support after it was broken at the start of this year). The upward reversal from the support level 85.35 started the […]