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The Chairman of the Financial Services and Markets Authority (FSMA), Mr Jean-Paul Servais, has been appointed by IOSCO as Co-Chair of the Monitoring Group. As the Vice-Chair of the Board of the International Organization of Securities Commissions (IOSCO), the Chairman of the FSMA, Jean-Paul Servais, also chairs the Monitoring Board of the IFRS Foundation. He […]
Regulated companies (hereafter, ‘companies’) that provide investment advice must first give their retail clients a suitability statement, in which they set out what their advice consists of and explain why it is suited to the client. The suitability statement is mandatory, even where the advice does not lead to a transaction. The FSMA has noted […]
The Commission has conducted an analysis of the FSMA’s research into the funding of defined benefit pension plans as well as of its feedback statement. The Commission agrees with the recommendations of the FSMA, and in particular with the recommendation to use sufficiently prudent methods of financing. In addition, it emphasises the importance of transparency […]
“When I started, I almost gave up multiple times. I just want to help others have a more streamlined way to get into crypto,” said Brenda Gentry, a former USAA mortgage underwriter. 6935 Total views 94 Total shares Brenda Gentry, a former USAA mortgage underwriter from Texas, believes that the cryptocurrency ecosystem offers a fighting […]
It‘s looking more and more like a capitulation, but so far, open interest remains “unflushed,” analysts warn. 43125 Total views 183 Total shares Bitcoin (BTC) refused to stem recent losses during Jan. 22 as predictions of a flight to $33,000 and lower looked increasingly likely to become a reality. BTC/USD 1-hour candle chart (Bitstamp). Source: […]
In the outgoing week, the main trading theme was high inflation and a possible reaction of central banks to it at the upcoming meetings. Oil gained significantly, while bond yields rose reflecting inflation anxiety. The yield on 10-year treasury bonds, after breakout of the local high of 1.8%, was able to test the level of […]