Day: February 27, 2022

Feb 27
EU Commission to remove Russian banks from SWIFT cross-border network

While condemning the Russian president Vladimir Putin’s move to lay siege across Ukraine, the EU Commission committed to undertake a series of measures to isolate Russia from the international financial system. 2123 Total views 39 Total shares The European Commission announced to remove a number of Russian banks from the Society for Worldwide Interbank Financial […]

Feb 27
Under Armour stock gains after $300 million accelerated share repurchase agreement announced

Shares of Under Armour Inc. UAA, +3.86% UA, +4.78% rallied 0.8% in premarket trading Friday, after the athletic apparel and accessories company said it has entered into a $300 million accelerated share repurchase (ASR) agreement. The ASR was entered into with JPMorgan Chase Bank, National Association, Bank of America N.A. and Citibank N.A. The ASR […]

Feb 27
Foot Locker shares slide 13% premarket as soft 2022 guidance offsets earnings beat

Foot Locker Inc. shares FL, -29.80% slid 13% premarket Friday, after the athletic retailer offered weak guidance for 2022, offsetting a fourth-quarter earnings beat and news of a higher dividend. The company posted net income of $103 million, or $1.02 a share, for the quarter, down from $123 million, or $1.17 a share, in the […]

Feb 27
Periodic questionnaire on the prevention of money laundering and terrorist financing

This circular (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 […]

Feb 27
Circular on the implementation of a risk-based approach to combating money laundering

This circular (available in French or Dutch only) sets out the measures relating to the application of the provisions of the Law of 18 September 2017 on the implementation, by obliged entities, of a risk-based approach to combating money laundering and terrorist financing. It also specifies the expectations of the FSMA regarding the implementation of these […]

Feb 27
Filing of information notes (Law of 11 July 2018)

In a communication, the FSMA sets out the procedure for the filing of information notes with the FSMA pursuant to the Law of 11 July 2018 on public offers of investment instruments and the admission to trading of investment instruments on regulated markets. The information note must be filed with the FSMA at the latest […]

Feb 27
Press release on the reopening of trading in Rosier

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 ROSIER, ISIN BE0003575835 on Euronext Brussels will re-open on 19/07/2018 at 11:30 CET.   Source: FSMA

Feb 27
Brokers in banking and investment services – New requirements under the transposition into Belgian law of the MiFID II Directive

The FSMA has drawn up a document (French – Dutch) for brokers in banking and investment services which clarifies a number of points regarding certain organizational and governance requirements laid down by MifID II and that under the Law of 21 November  2017 are mandatory for this group of brokers. The provisions have been in force […]