Belgium

  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 will re-open on 17/05/2021 at 12:00 CET. This news item was originally published by the Financial Services and Markets Authority (FSMA BE). For more information, please see the Source Link.

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. This news item was originally published by the Financial Services and Markets Authority (FSMA BE). For more information, please see the Source Link.

Guidelines by the European Securities and Markets Authority (ESMA) on certain aspects of the MiFID II compliance function requirements (available in French - Dutch only). This news item was originally published by the Financial Services and Markets Authority (FSMA BE). For more information, please see the Source Link.

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. This news item was originally published by the Financial Services and Markets Authority (FSMA BE). For more information, please see the Source Link.

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. This news item was originally published by the Financial Services and Markets Authority (FSMA BE). For more information, please see the Source Link.

This press release is not available in English. Please consult the French or Dutch version. This news item was originally published by the Financial Services and Markets Authority (FSMA BE). For more information, please see the Source Link.

Renewal of the term of office of the FSMA Chairman, FSMA Deputy Chairman and members of the Management Committee The mandate of the Chairman of the FSMA, Jean-Paul Servais, has been renewed. The new term of office is for a period of six years, until March 2027. Jean-Paul Servais has led the FSMA since its creation in 2011. Before that, he was Chairman of the FSMA's predecessor. This re-appointment is linked with his existing and new international functions: he is Vice-Chair of the International Organization of Securities Commissions (IOSCO) and Chair of the European Regional Committee of IOSCO. He is also...

The FSMA website and the FAQs about supplementary pensions state a number of amounts that are set by the social legislation on supplementary pensions. These amounts have been updated. In addition, the following questions in the FAQs for employees have been updated as follows: When can I start collecting my supplementary pension? What if I want to earn some money while receiving my pension? My partner is deceased; am I entitled to payments from his/her supplementary pension? How are supplementary pensions taxed? What is the voluntary supplementary pension for employees?  This news item was originally published by the Financial Services and...

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 disclosure and the arrangements whereby investors may withdraw from the SPAC. The FSMA also takes a position on the extent to which SPACs are suited, and should thus be accessible, to retail investors. Market participants are invited to submit reactions and suggestions regarding the FSMA’s proposal....

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 leading figures of the economic and financial world, including Madame Christine Lagarde, President of the European Central Bank, Valdis Dombrovskis, Vice president of the European Commission, European Commissionner Mairead McGuinness and several Ministers from EU countries attended the event. This international conference focussed amongst other...

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 published an initial, extensive report on Asset management and shadow banking in Belgium. The third update of this report, with recent figures and an analysis of national and international developments, is now available. The initial report and its updates address the trend toward a more market-based...

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 platforms also use mobile applications to lure victims. These fake ads or mobile applications often form part of the offer of a virtual currency or training course. After clicking on the ad or downloading the mobile app and having given their contact details, the victims...