News
On 14 June 2022, BaFin imposed an administrative fine amounting to 115,000 euros on H&R GmbH & Co. KGaA. The sanction related to a breach of section 130 (1) of the German Act on Breaches of Administrative Regulations (Ordnungswidrigkeitengesetz – OWiG) in conjunction with section 115 (1) sentence 2 of the German Securities Trading Act […]
Crypto-assets are currently the subject of much interest. It is thus not surprising that the FSMA regularly receives questions about the classification of such assets. The FSMA has therefore drawn up a Communication on the classification of crypto-assets as securities, investment instruments or financial instruments. With this Communication, the FSMA wishes to provide clarity, while […]
One of the tasks entrusted to the Financial Services and Markets Authority (FSMA) is to combat unlawful activities in the area of financial investments. Henceforth, it will be publishing a half-yearly dashboard with statistics as well as an overview of the main trends regarding investment fraud. The first edition of this dashboard focuses on the […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is about to break the support level. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen at 1.2035 and then resume moving downwards to reach 1.1575 Another signal in favour of a further […]
GBPUSD is another victim of global risk aversion. The Pound sterling is looking weak against the USD on Wednesday. The current quote for the instrument is 1.1949. Risk aversion amid a new wave of concerns about a possible global recession hurt the Pound as well. The last time the British currency was trading at its […]
Gold prices drop about $3, during trading today, Wednesday, July 6, 2022, but it remained near the lowest level in 7 months. This comes as the dollar rose to its highest level in two decades, as investors continued to neglect the yellow metal and look to the greenback, in search of safety amid growing concern […]