Aggregated News From Investment Management Regulators

Belgium

Approval of the modified market rules of Alternext Brussels (commercial name: Euronext Growth)

The Financial Services and Markets Authority (FSMA) hereby announces that on 7 July 2020, in accordance with Article 2 of the Royal Decree of 21 August 2008 on the rules for certain multilateral trading facilities, it approved the modified market rules of Alternext Brussels (Euronext Growth). These market rules enter into force as of 17 August 2020 and are available on Euronext’s website. Source link

Press release on the reopening of trading in Acacia Pharma

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 Acacia Pharma, ISIN GB00BYWF9Y76, on Euronext Brussels will re-open on 14-08-2020 at 9:00 CET. Source link

Press release on the suspension of trading in Acacia Pharma

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 Acacia Pharma, ISIN GB00BYWF9Y76, on Euronext Brussels is suspended on the request of the company from 13/08/2020 at 14:45 CET until the publication of a press release. Source link

Fraudulent wealth management offers: Stay vigilant!

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 aim of which is to steal your savings. The principle always remains the same: victims are contacted by telephone without having asked for it or after having entered their contact details on an online form. They are offered wealth management services, with the promise of...

Identity theft from Belgian brokers: beware of fraud!

In recent weeks, the FSMA has observed several cases of theft of the identity of Belgian brokers by English-speaking fraudsters. The swindlers use the names of brokers entered in the registers of the FSMA to make their clients believe that they are authorized by the Belgian supervisory authority. Some English-speaking fraudsters are using the names of brokers who are registered with the FSMA, in order to make their clients believe that they are authorized by the FSMA. They do so by fraudulently using the name and other legally required information of a regulated service provider, and often refer to the official...

Press release on the reopening of trading in Aedifica

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 Aedifica, ISIN BE0003851681 on Euronext Brussels will re-open on 09/07/2020 at 16:15 CET. Source link

First Property (formerly https://firstproperty.eu) – cloned firm

The Financial Services and Markets Authority (FSMA) warns the public against the activities of First Property, which offers investment banking and/or services without complying with Belgian financial legislation. First Property is not authorized to provide such services in or from Belgium. This 'company' has usurped the name of the British investment company First Property Asset Management Ltd, which is registered with the UK supervisory authority (FCA). The FSMA emphasizes that there is no link between these two companies. Identity theft is typical of ‘cloned firms’ frauds: fraudsters steal the identity of persons or firms that do in fact exist (such as a lawyer, an authorized company, etc.) in order...

Press release on the suspension of trading in Aedifica

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 Aedifica, ISIN BE0003851681, on Euronext Brussels is suspended on the request of the company from 09/07/2020 at 09:00 CET until the publication of a press release.   Source link

FSMA extends investigation into FNG and hands the file over to the judicial authorities

The Financial Services and Markets Authority (FSMA) has expanded its investigation into the communications of FNG and is handing the file over to the judicial authorities. Last year, the FSMA began an investigation into indications of possible market manipulation under the authority of the former FNG management. Based on that investigation, the FSMA’s Management Committee decided to hand the file over to the investigations officer on grounds - of potential infringement constituting market manipulation. In accordance with Article 12.1 of the European Market Abuse Regulation, market manipulation comprises, among other things, the dissemination of information which secures the price of a...

Transposition of the Shareholders’ Rights Directive

Communication FSMA_2020_07 (available in French - Dutch only) draws the attention of IORPs to several new legal obligations under the Law of 28 April 2020 transposing Directive (EU) 2017/828 of the European Parliament and of the Council of 17 May 2017 amending Directive 2007/36/EC as regards the encouragement of long-term shareholder engagement, and containing miscellaneous provisions concerning companies and associations. IORPs must comply with these new transparency obligations with immediate effect. Source link

Press release on the reopening of trading in Nyrstar

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 Nyrstar, ISIN BE0974294267, on Euronext Brussels is reopened from 29-06-2020 at 09:00 CET following the publication of a press release. Source link

Press release on the reopening of trading in Atenor

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 Atenor, ISIN BE0003837540 on Euronext Brussels will re-open on 29-06-2020 at 09:00 CET. Source link

Regulator Information

Regulator Name: Australian Takeovers Panel
Jurisdiction: Australia
Regulator Name: Bank of Indonesia
Jurisdiction: Indonesia
Regulator Name: Central Bank of Barbados
Jurisdiction: Barbados
Jurisdiction: Dominican Republic
Regulator Name: Estonian Bank
Jurisdiction: Estonia
Regulator Name: Irish Takeover Panel
Jurisdiction: Ireland
Abbreviation: Panel
Jurisdiction: United Kingdom

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