Latest Market News
The Financial Services and Markets Authority (FSMA) warns the public against the activities of Kuvera Global LLC (Kuvera), which irregularly offers investment services in Belgium. Kuvera, via the website www.kuveraglobal.com, offers Belgian consumers tools and trainings that are supposed to help them trade in forex products, virtual currencies and equity. Via these tools the users […]
The Financial Services and Markets Authority (FSMA) warns the public against the activities of the website named www.index-capital.be, which offers investment services without complying with Belgian financial legislation. The persons operating the website named www.index-capital.be are not authorized to provide investment services in or from Belgium. Moreover, the offer made via that website shows numerous […]
The Financial Services and Markets Authority (FSMA) warns the public against the activities of the website named www.choices-invest.com, which offers investment services without complying with Belgian financial legislation. The persons operating the website named www.choices-invest.com are not authorized to provide investment services in or from Belgium. Moreover, the offer made via that website shows numerous […]
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 statement summarises the changes made by four BNPL firms to their contract terms and contains guidance for firms in this sector more generally. BNPL is a broad term and covers a variety of credit agreements, typically used to spread the cost of purchases. Not all BNPL products are regulated by the FCA under consumer […]
The Financial Conduct Authority (FCA) secures changes to potentially unfair and unclear terms in the contracts of Clearpay, Klarna, Laybuy and Openpay. The FCA was concerned there was a potential risk of harm to consumers as a result of the way some of the firm’s terms were drafted. The Woolard Review into change and innovation […]