Category: Regulations

Insuring for our Future Good afternoon, it is a pleasure to address you today.1 A well-functioning insurance market provides important benefits and supports for society as a whole. Insurance protects people from financial loss, should unforeseen events arise.  At a macro level you have an important role in channelling savings into financial markets and ultimately […]

Thank you for joining us today for the release of the first FSR of 2022. It gives me particular pleasure to welcome some of you in person for today’s event after more than two years, our first hybrid version of the release of the Review. We are meeting today at a time when a series […]

Medium-term risks have grown in the past six months, with the focus shifting from pandemic related distress to concerns around the impact of lower global growth expectations, significant price pressures and tightening financial conditions. Inflationary pressures present new challenges for borrowers, which are mitigated by the building of resilience over the past decade. The Central […]

It has come to the Central Bank of Ireland’s (‘Central Bank’) attention that a fraudulent entity, Cofino Capital, operating the website www.cofino-capital.com (Not Active), has been operating as a retail credit firm in the State in the absence of an appropriate authorisation. In this instance, the fraudulent entity claimed to be a partner of the […]

It has come to the Central Bank of Ireland’s (‘Central Bank’) attention that a fraudulent entity, CFDS Finance (France), operating the website www.cfds-finance.com (Not Active), has been operating as a retail credit firm in the State in the absence of an appropriate authorisation. In this instance, the fraudulent entity claimed to be a partner of […]

It has come to the Central Bank of Ireland’s (‘Central Bank’) attention that a fraudulent entity, Assist Finance (France), operating the website www.assist-finance.com, has been operating as a retail credit firm in the State in the absence of an appropriate authorisation. In this instance, the fraudulent entity claimed to be a partner of the Central […]

On 1 June 2022, BaFin imposed an administrative fine amounting to 600,000 euros on CEWE Stiftung & Co. KGaA. The sanction related to a breach of section 41 (2) in conjunction with section 41 (1) of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). CEWE Stiftung & Co. KGaA failed to publish the total number […]

At the request of the Minister for the Self-Employed, SMEs and Agriculture, Institutional Reforms and Democratic Renewal, the Commission has conducted a study of the possibilities of automation with a view to reducing administrative management fees and costs borne by members. Read more in the opinion (available in French and Dutch only) Source: FSMA

ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 78 OF THE LAW OF 21 NOVEMBER 2017 Trading in the financial instruments of Mithra, ISIN BE0974283153, on Euronext Brussels is suspended on the request of the company from 20/06/2022 at 09:00 CET until the publication of a press release. Source: FSMA

The FSMA has updated its Communication FSMA_2020_12 (available in French – Dtuch only) of 6 October 2020, which sets out the information that must be included in the annual activity report of the AMLCO. A copy of that report, written for the senior management and the legal governing body, must always be submitted to the […]