Day: February 3, 2022

Feb 03
RBA Governor Says 2022 Rate Hike Now “Plausible”

AUD Trading HigherThe Australian Dollar has seen better demand today following comments overnight from RBA governor Lowe. Following the RBA’s February meeting which saw the bank announcing an end to QE but citing ongoing concerns over the sustainability of the pickup in inflation, Lowe’s comments last night were deemed more hawkish than the market was […]

Feb 03
‘Philly is ready’ for CityCoins says city council

The Philadelphia city government is enthusiastic about exploring a partnership with CityCoins to help boost its treasury with cryptocurrency. 487 Total views 7 Total shares Philadelphia is on the cusp of following in the footsteps of Miami, Austin and New York City by partnering with CityCoins to develop a crypto for the city of Brotherly […]

Feb 03
Gold futures settle at highest price in a week

Gold futures on Wednesday tallied a third straight session climb, extending their rise past $1,800 to mark their highest settlement in a week. “While gold is likely to exploit the dollar’s weakness to push higher, its near-term outlook remains influenced by the U.S. jobs report on Friday,” said Lukman Otunuga, manager, market analysis at FXTM. […]

Feb 03
Aussie billionaire sues Facebook over crypto scams with AG's consent

Australian billionaire Andrew “Twiggy” Forrest is taking Facebook to court over scammy cryptocurrency ads that he alleges used his name to defraud victims. The Fortescue Metals chairman is accusing Facebook of breaching Australia’s money-laundering laws, claiming that it “knowingly profits from this cycle of illegal ads” that it failed to remove. An initial court hearing […]

Feb 03
U.S. oil futures end slightly higher after OPEC+ stands pat on plans to boost output

U.S. oil futures saw a slight gain on Wednesday, enough to eke out another settlement at the highest since October 2014. Prices had spent much of the session trading lower after Organization of the Petroleum Exporting Countries and their allies agreed to a 400,000 barrel-per-day production increase for March. OPEC+ still “believes the global demand […]

Feb 03
Transposition of the Shareholders’ Rights Directive

Communication FSMA_2020_07 (available in French – Dutch only) draws the attention of IORPs to several new legal obligations under the Law of 28 April 2020 transposing Directive (EU) 2017/828 of the European Parliament and of the Council of 17 May 2017 amending Directive 2007/36/EC as regards the encouragement of long-term shareholder engagement, and containing miscellaneous provisions […]

Feb 03
Opinion on the burden of proof in insurance contracts

The Opinion of 20 September 2018 on the burden of proof in insurance contracts has been modified following a recent judgment of the Court of Justice of the European Union. The amended Opinion has been published on the FSMA website (only available in French and Dutch). Source: FSMA

Feb 03
Newsletter: Ancillary insurance intermediaries – Key points and clarifications on certain concepts

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

Feb 03
Press release on the reopening of trading in Atenor

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 Atenor, ISIN BE0003837540 on Euronext Brussels will re-open on 29-06-2020 at 09:00 CET. Source: FSMA

Feb 03
Press release on the reopening of trading in Nyrstar

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 Nyrstar, ISIN BE0974294267, on Euronext Brussels is reopened from 29-06-2020 at 09:00 CET following the publication of a press release. Source: FSMA