FSMA Warns Public Against Fraudulent WhatsApp Groups Impersonating Bolero and GuardCap
The Belgian Financial Services and Markets Authority (FSMA) has issued a fresh warning about fraudulent WhatsApp groups that impersonate Bolero (KBC Bank NV) and GuardCap Asset Management Limited. Fraudsters advertise on social media, lure consumers into private groups, and promote fake AI-based investment plans with unrealistically high returns. The FSMA has added the entities behind these schemes to its list of firms operating unlawfully in Belgium.
Related updates
FSMA Launches Updated Cost Comparison Tool for Pension Products
The Belgian FSMA has launched a new version of its cost comparison tool for pension products. The tool helps consumers compare costs of supplementary pension products under the second and third pillars against average costs for similar products. The FSMA plans further development of the tool.
15 Sep 2026
FSMA Retail Investor Dashboard: Investor activity falls slightly in Q2 2026
The FSMA has published a new edition of its Retail Investor Dashboard covering the first and second quarters of 2026. The number of active retail investors decreased slightly in Q2 2026 across shares, ETFs and bonds, partly due to seasonal effects. Despite the quarterly decline, the annual number of active investors continued to rise in 2025, with ETFs attracting younger investors.
10 Sep 2026
FSMA Announces Reopening of Trading in BNB/NBB Financial Instruments on Euronext Brussels
The Belgian Financial Services and Markets Authority (FSMA) announced that trading in the financial instruments of Banque nationale de Belgique/Nationale Bank van België (BNB/NBB), ISIN BE0003008019, will reopen on Euronext Brussels on 3 September 2026 at 14:00 CET. The reopening follows a suspension announced the previous day, issued under Article 78 of the Law of 21 November 2017. Market participants should verify operational readiness for resumption of trading.
03 Sep 2026