Latest Market News

Feb 01
Accea Finance

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

Feb 01
Fraudulent credit offers

The Financial Services and Markets Authority (FSMA) warns the public against the activities of unauthorized lenders who offer false 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 via mail or social […]

Feb 01
Companies that sell trading and training software

The FSMA has noted that various companies in Belgium are selling, via a pyramid structure, trading and training software intended for trading principally in forex, CFDs and cryptocurrencies. The sale of such trading and training software mostly takes place via a pyramid structure. The term generally used for this technique is ‘MLM’ (multi-level marketing), in […]

Feb 01
Fraudulent online trading platforms: The FSMA updates its list of suspicious sites

During the last weeks, the FSMA continued to receive complaints from consumers concerning new fraudulent online trading platforms that are operating in the Belgian market. The approach remains the same. These trading platforms try to arouse consumers’ curiosity by placing scam ads on social media. In these fake ads, a well-known person often explains how […]

Feb 01
Akita Michinoku Company

The Financial Services and Markets Authority (FSMA) warns the public against the activities of Akita Michinoku Company, a company that offers investment services. Akita Michinoku Company is not an authorized investment firm in Belgium. It is therefore not allowed to provide investment services in or from Belgium. Moreover, according to the information available to the […]

Jan 31
Law Decoded: Russia flounders, America competes, IMF keeps fuming, Jan. 24–31

Uncertainty about crypto regulation can engender internal disagreement even within seemingly monolithic governments. 500 Total views 5 Total shares One of the most fascinating implications of the collision between traditional political institutions and the crypto space is how it can reveal the glaring lack of cohesion within power systems that otherwise look monolithic. Digital assets […]