Category: Regulations

The FSMA has prepared a handbook on the IDD rules of conduct providing information on the rules of conduct in the insurance sector Read more in our Handbook FSMA_2022_06…(available in French or Dutch only) Source: FSMA

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

The Financial Services and Markets Authority (FSMA) warns the public against the fraudulent activities of The Helpers, a company that is offering credit illegally to consumers and is using the name of an existing company to appear credible. This is a case of identity theft. The Helpers is not authorized or registered in Belgium as […]

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

We have removed permissions from Falcon Financial Solutions Ltd and Thestral Financial Services Ltd. They are no longer permitted to carry out any regulated activities. Any investments with Falcon or Thestral may not be protected, and you could lose all your money if you invest with them. We explain what this means for customers. Falcon […]

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

The Financial Conduct Authority (FCA) has appointed Direct Line Group CEO, Penny James, as Chair of its Practitioner Panel.  Penny, who has been a member of the Panel since September 2020, will take up the post from 1 March 2022. She succeeds Paul Feeney, CEO of Quilter.   The FCA Practitioner Panel is an independent statutory […]

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

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 ASIT Biotech, ISIN BE0974289218, on Euronext Brussels is suspended on the request of the company from 06-10-2020 at 09:00 CET until the publication of a press release.   […]

A large majority of reports by consumers received by the FSMA during the first half of 2020 concern fraudulent online trading platforms (27.87%), fake credit offers (17.29%) and fraudulent offers of wealth management and alternative investments (26.38%). These reports constitute 71.54% of all reports of fraud received by the FSMA (the Financial Services and Markets […]