Day: February 16, 2022

Feb 16
BIS-funded financial monitor wants more data to measure risks of Bitcoin

Crypto market data reporting needs global standards to enable proper risk assessment, the FSB declared. 1470 Total views 35 Total shares The Financial Stability Board (FSB), a global financial authority funded by the Bank for International Settlements, has released a new report on the financial stability risks associated with cryptocurrencies. Published on Wednesday, the 30-page […]

Feb 16
Medical technology company Masimo stock slides 35% after unveiling $1 billion acquisition of Sound United

Medical technology company Masimo Corp. shares MASI, -36.37% tumbled 35% Wednesday, to mark their biggest ever percentage decline, a day after the company announced its biggest ever deal, the acquisition of consumer tech company Sound United for about $1 billion. Sound United owns consumer audio brands including Bowers & Wilkins, Denon, Polk Audio and Marantz. […]

Feb 16
General Administrative Act governing the rate for the domestic countercyclical capital buffer under section 10d of the KWG

Pursuant to section 10d of the KWG the rate for the domestic countercyclical capital buffer is set at 0.75 per cent of the total risk exposure amount determined in accordance with Article 92(3) of Regulation (EU) No. 575/2013, effective 1 February 2022. This translation is furnished for information purposes only. The original German text is […]

Feb 16
Circular on the duty of cooperation of accredited auditors

The duty of cooperation of accredited auditors of public open-ended undertakings for collective investment This circular FSMA_2022_08 (available in French and Dutch only) describes the modalities of the accredited auditors’ duty of cooperation in the following areas: activities and reporting of half-yearly and annual financial statements and reports; assessment of the internal control measures and of the reporting about them; […]

Feb 16
FSMA warning about the consolidation of Tessenderlo by Picanol

This press release is not available in English. Please consult the French or Dutch version. Source: FSMA

Feb 16
Fraudulent credit offers

The Financial Services and Markets Authority (FSMA) warns the public against the activities of unauthorized lenders who offer fraudulent credits to consumers. The FSMA has received several reports from consumers about fraudulent credit offers made via the internet. Consumers get thus in touch with these providers in a variety of ways: they are approached unsolicited […]

Feb 16
Mutuals Kredit / Krediet Religieus

The Financial Services and Markets Authority (FSMA) warns the public against the fraudulent activities of Mutuals Kredit or Krediet Religieus, a company that is offering credit illegally to consumers. Mutuals Kredit or Krediet Religieus is not authorized or registered in Belgium as a lender or credit intermediary. Therefore, Mutuals Kredit or Krediet Religieus may not […]

Feb 16
Furst kredit

The Financial Services and Markets Authority (FSMA) warns the public against the fraudulent activities of Furst Kredit, a company that is offering credit illegally to consumers. Furst Kredit is not authorized or registered in Belgium as a lender or credit intermediary. Therefore, Furst Kredit may not offer credit in Belgium. According to the information available […]

Feb 16
Helix credit group

The Financial Services and Markets Authority (FSMA) warns the public against the fraudulent activities of Helix Credit Group, a company that is offering credit illegally to consumers. Helix Credit Group is not authorized or registered in Belgium as a lender or credit intermediary. Therefore, Helix Credit Group may not offer credit in Belgium. According to […]

Feb 16
Asterix Bank

The Financial Services and Markets Authority (FSMA) warns the public against the fraudulent activities of Asterix Bank, a company that is offering credit illegally to consumers. Asterix Bank is not authorized or registered in Belgium as a lender or credit intermediary. Therefore, Asterix Bank may not offer credit in Belgium. According to the information available […]