Regulatory Alerts2014-04-25
Royal Decree on Information Obligations for Marketing Financial Products to Retail Clients
The Belgian government issued this Royal Decree to establish mandatory information obligations for professionals marketing financial products to retail clients within Belgium. It defines key terms such as retail clients, manufacturers, and distributors, while excluding high-net-worth individuals and specific pension or insurance products from its scope. The decree mandates that all advertisements and promotional documents must be accurate, balanced, and include specific details like product names, risks, costs, and references to official key information documents.
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