Day: February 14, 2022

Feb 14
www.choices-invest.com

The Financial Services and Markets Authority (FSMA) warns the public against the activities of the website named www.choices-invest.com, which offers investment services without complying with Belgian financial legislation. The persons operating the website named www.choices-invest.com are not authorized to provide investment services in or from Belgium. Moreover, the offer made via that website shows numerous […]

Feb 14
Fraudulent wealth management offers: the FSMA warns the public against two new websites

In the past few weeks, the FSMA has received new complaints from consumers who have been approached by companies offering wealth management and/or savings plans, most often with a guaranteed return. The FSMA warns consumers against these tempting offers, because often behind them are fraudsters who are not authorized to make such offers, the sole […]

Feb 14
FCA drives changes to Buy Now, Pay Later (BNPL) firms’ contract terms

This statement summarises the changes made by four BNPL firms to their contract terms and contains guidance for firms in this sector more generally.  BNPL is a broad term and covers a variety of credit agreements, typically used to spread the cost of purchases. Not all BNPL products are regulated by the FCA under consumer […]

Feb 14
FCA secures contract changes for buy-now-pay-later customers

The Financial Conduct Authority (FCA) secures changes to potentially unfair and unclear terms in the contracts of Clearpay, Klarna, Laybuy and Openpay. The FCA was concerned there was a potential risk of harm to consumers as a result of the way some of the firm’s terms were drafted. The Woolard Review into change and innovation […]

Feb 14
Trendingraphs (Premium Systems)

The Financial Services and Markets Authority (FSMA) warns the public against the activities of Trendingraphs (Premium Systems), a company that offers investments without complying with Belgian financial legislation. Trendingraphs (Premium Systems) is not allowed to provide banking and/or investment services in or from Belgium. Furthermore, the FSMA reminds the public that since 18 August 2016, […]

Feb 14
Stock Global

The Financial Services and Markets Authority (FSMA) warns the public against the activities of Stock Global, a company that offers investments without complying with Belgian financial legislation. Stock Global is not allowed to provide banking and/or investment services in or from Belgium. Furthermore, the FSMA reminds the public that since 18 August 2016, no investment […]

Feb 14
Press release on the reopening of trading in Softimat

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 Softimat, ISIN BE0003773877, on Euronext Brussels will re-open on 24/10/2019 at 11.30 CET. Source: FSMA

Feb 14
Capital Pilots

The Financial Services and Markets Authority (FSMA) warns the public against the activities of Capital Pilots, a company that offers investments without complying with Belgian financial legislation. Capital Pilots is not allowed to provide banking and/or investment services in or from Belgium. Furthermore, the FSMA reminds the public that since 18 August 2016, no investment […]

Feb 14
Marketcapital

The Financial Services and Markets Authority (FSMA) warns the public against the activities of Marketcapital, a company that offers investments without complying with Belgian financial legislation. Marketcapital is not allowed to provide banking and/or investment services in or from Belgium. Furthermore, the FSMA reminds the public that since 18 August 2016, no investment firm (authorized […]

Feb 14
Press release on the suspension of trading in Softimat

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 Softimat, ISIN BE0003773877, on Euronext Brussels is suspended from 23/10/2019 at 10.30 CET until the publication of a press release. Source: FSMA