Latest Market News

This Communication (FSMA_2020_09; available in French or Dutch only; annex available in English) addresses the guidelines drawn up by the European Securities and Markets Authority (ESMA) regarding the stress test scenarios based on the EU’s Money Market Funds Regulation, and on the implementation of those guidelines by the FSMA. Source: FSMA

The Financial Services and Markets Authority (FSMA) warns the public against the activities of the website named www.ucm-limited.com, which offers investment services without complying with Belgian financial legislation. This ‘company’ is not authorized to provide investment services in or from Belgium. Moreover, the offer made via that website shows numerous indications of fraud and seems to be similar to […]

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 […]

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

Finance minister Nirmala Sitharaman believes the introduction of a CBDC will provide a “big boost” to India’s digital economy. 4231 Total views 76 Total shares In a speech discussing the budget for 2022, Indian finance minister Nirmala Sitharaman announced the launch of a central bank digital currency (CBDC) by 2022–23 as a means to boost […]

The American Petroleum Institute reported late Tuesday that U.S. crude supplies fell by 1.6 million barrels for the week ended Jan. 28, according to sources. The API, however, also reportedly showed a weekly inventory climb of 5.8 million barrels for gasoline, while distillate supplies decline by 2.5 million barrels. Crude stocks at the Cushing, Okla., […]