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Articles contributed by Liedekerke Wolters Waelbroeck Kirkpatrick

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FSMA MiFID Action Plan announced

February 2012 - Finance. Legal Developments by Liedekerke Wolters Waelbroeck Kirkpatrick.

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Like in many of our neighboring countries, the Belgian Financial Services and Markets Authority (FSMA) is taking a more persistent approach in pursuing compliance with MiFID conduct of business. In that regard it has announced a “MiFID Action Plan”.

Client memorandum: FSMA moratorium on marketing of “unnecessarily complex structured products"

June 2011 - Finance. Legal Developments by Liedekerke Wolters Waelbroeck Kirkpatrick.

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On 20 June 2011, the Belgian Financial Services and Markets Authority ("FSMA") has published a communication on a voluntary moratorium by which financial institutions that distribute to retail clients certain complex structured products voluntarily commit themselves not to distribute them in Belgium as from 1 August 2011