Tag: fsma

The FSMA aims at maximum harmonisation of the conditions for the registration and the pursuit of financial intermediation activities, particularly insurance distribution, credit intermediation (in consumer and mortgage credit) and intermediation in banking and investment services. Thus, the FSMA’s objective is to simplify and clarify the administrative and regulatory obligations for financial intermediaries. To this […]

A SPAC, or Special Purpose Acquisition Company, is a new company established for the specific purpose of raising capital, applying for a stock exchange listing and within a short period thereafter, financing a merger or acquisition. The FSMA is proposing to introduce minimum standards for SPACs. These minimum standards concern the structure of SPACs, information […]

The National Bank of Belgium (NBB) and the Financial Services and Markets Authority (FSMA) are today publishing an updated study on Asset management and Non-bank financial intermediation (NBFI) in Belgium. This update is part of the regular monitoring of these activities, which constitutes a €138 billion market in Belgium. In 2017, the FSMA and the NBB […]

On Wednesday, 6 May 2021, Jean-Paul Servais, Chairman of the FSMA and Vice Chair of IOSCO, gave a speech at a major conference of more than 2000 participants, organized by the European Commission and titled “High-level conference on a Commission proposal for a Corporate Sustainability Reporting Directive – the way forward”. A considerable number of […]

During the last weeks, the FSMA continued to receive complaints from consumers concerning new fraudulent online trading platforms that are operating in the Belgian market. These trading platforms try to arouse consumers’ curiosity by placing scam ads on social media. In these fake ads, a well-known person often explains how to get rich quick. Trading […]

In the light of the coronavirus crisis, the government has drawn up a number of special measures concerning supplementary pensions. These measures have been extended until 30 June 2021. You can find all the relevant information on this matter in the following FAQ section (available in Dutch and in French only). Source: FSMA

This circular FSMA_2021_10 (available in French or Dutch only) informs obliged entities on the contents of the information, and the modalities for their transmission, intended to be used to assess the compliance and the efficiency of the system they have implemented for combating money laundering and the financing of terrorism. This information is collected by means of an annual questionnaire, […]

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 Cie Bois Sauvage, ISIN BE0003592038, on Euronext Brussels will re-open on 17/05/2021 at 12:00 CET. 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 Cie Bois Sauvage, ISIN BE0003592038, on Euronext Brussels is suspended from 14-05-2021 at 09:02 CET until the publication of a press release.     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 Recticel, ISIN BE0003656676, on Euronext Brussels is suspended from 14/05/2021 at 09:00 CET until the publication of a press release.     Source: FSMA