Tag: Belgium warning

December 17, 2015 BY Maria Nikolova

Belgium's FSMA updates list of unauthorized investment businesses, issues 12 more warnings

The Financial Services and Markets Authority (FSMA) of Belgium on Wednesday updated its list of unauthorized investment businesses by issuing 12 more warnings to the public against the activities of various "boiler rooms". The Belgian regulator defines “boiler room” as a type of fraud that involves contacting customers often by telephone, offering to sell them…

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