Day: March 1, 2022
The purpose of this newsletter is to remind you of the principal obligations imposed on you by the new anti-money laundering law as regards the assessment and management of the risks of money laundering and the financing of terrorism (ML/FT). The FSMA has published on its website the joint Risk Factor Guidelines (French or Dutch only) […]
The FSMA has published an opinion (available in French – Dutch only) on the consequences of opting, upon exit, to maintain death insurance cover corresponding to the amount of the acquired reserves. The FSMA considers that the consequences of this choice for the future evolution of those reserves should be subject to strict interpretation. According […]
This press release is not available in English. Please consult the French or Dutch site. Source: FSMA
This press release is not available in English. Please consult the French or Dutch site. Source: FSMA
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 Xior, ISIN BE0974288202, on Euronext Brussels will re-open on 28/03/2018 at 12:30 CET. Source: FSMA
All natural persons who have the status of intermediary must have a certain level of professional knowledge and must engage regularly in continuing professional training. This also applies to persons who perform ‘regulated’ key functions at an intermediary that is a legal entity. Although those who serve as ‘persons in client-facing positions (PCP)’ may receive ongoing […]
The Financial Conduct Authority (FCA) has today set out a new employment offer designed to reward strong, consistent performance, aid career development and close pay gaps. This follows an extensive, wide-ranging and comprehensive consultation with all FCA colleagues and the FCA’s Staff Consultative Committee. The changes, including updates to the proposals consulted upon, will mean […]
The Financial Conduct Authority (FCA) is establishing a new advisory committee on secondary markets and is looking for expressions of interest from market participants to join. The purpose of the Committee is to support our wholesale secondary markets work in equities, derivatives, fixed income and commodity derivatives. The Committee’s task will be to: help develop […]
From today, new restrictions will apply to claims management companies (CMCs) to prevent them from charging excessive fees to consumers owed compensation from financial services firms. Under new Financial Conduct Authority (FCA) rules in force from today, the maximum consumers can be charged will depend on how much redress they are due. For example, if […]
EURUSD continues recovering after plummeting earlier. The major currency pair is recovering. The current quote for the instrument is 1.1175. The local improvement of the EUR rate is looking rather logical; however, there are chances that the rate might resume falling in the nearest future amid active demand for “safe haven” assets, such as […]