Regulatory Alerts2014-04-03
Regulation on the ban on the distribution of certain financial products to retail clients
The Financial Services and Markets Authority issued this regulation to prohibit the professional distribution of specific high-risk financial products to retail clients in Belgium. The ban covers traded life policies, products linked to virtual money, instruments tied to alternative investment funds investing in non-mainstream assets, and certain class 23 insurance products with similar exposures. This measure aims to protect retail investors from complex and potentially hazardous financial instruments by restricting their availability in the market.
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