Tag: fsma
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 […]
The Financial Services and Markets Authority (FSMA) warns the public against the activities of the website named www.winbankfinance.online, which offers investment services without complying with Belgian financial legislation. The persons operating the website named www.winbankfinance.online are not authorized to provide investment services in or from Belgium. Moreover, the offer made via that website shows numerous indications of fraud and […]
The Financial Services and Markets Authority (FSMA) warns the public against the activities of the websites named www.ingroupe-online.com and www.market.online-ingroupe.com, which offer investment services without complying with Belgian financial legislation. The persons operating the websites named www.ingroupe-online.com and www.market.online-ingroupe.com are not authorized to provide investment services in or from Belgium. Moreover, the offer made via those websites […]
The European Securities and Markets Authority (ESMA) recommends action by financial market participants for COVID-19 impact. Source: FSMA
Jean-Paul Servais, Chairman of the Financial Services and Markets Authority (FSMA), has been re-elected chair of the European Regional Committee of IOSCO, the international organization of financial market supervisors. The European members of IOSCO re-elected Jean-Paul Servais to another two-year term as chair of the European Regional Committee, the European country group within IOSCO. He […]
IOSCO, the international organization of financial market supervisors, held a stakeholder meeting in Madrid on Friday 28 February. Various regulatory issues relating to asset management and the challenges posed by technology were discussed. The meeting was also an opportunity for stakeholders to discuss IOSCO’s priorities for 2020. The Chairman of the FSMA, Jean-Paul Servais, who […]
The Chairman of the FSMA, Jean-Paul Servais, participated in the first symposium of the CFA Institute on financial regulation, held in Madrid. The CFA Institute has more than 160,000 members and is a global organization that aims to promote high standards of ethics, education and professionalism in the financial sector. The symposium in Madrid focused […]
The Financial Services and Markets Authority (FSMA) warns the public against the activities of the website named www.central-spot.com, which offers investment services in the field of energy as well as wealth management services without complying with Belgian financial legislation. The persons operating the website named www.central-spot.com are not authorized to provide investment services in or from Belgium. […]
The IFRS Foundation Monitoring Board, chaired by Mr Jean-Paul Servais, Chairman of the FSMA, approved its work plan for the next two years during a meeting held in Brussels on 20 February 2020. The Monitoring Board was created in 2009 with the aim of overseeing the IFRS Foundation, whose Trustees in turn exercise oversight over […]
During the last weeks, the FSMA continued to receive new complaints from consumers who had responded to fraudulent offers of investment in cryptocurrencies. The cryptocurrency fraud continues making victims in Belgium. Hence, the FSMA repeats its warning against the fraudsters who are using cryptocurrencies to swindle consumers. The FSMA has also updated its list of cryptocurrency trading platforms for which […]