Belgium

Lead Organization: Financial Services and Markets Authority

Belgium will hold WIW 2021 from Oct 04, 2021 to Oct 10, 2021

As vice-chair of IOSCO and member of the IOSCO committee on retail investors, the Financial Services and Markets Authority (FSMA) once again lends its support to this initiative and promotes World Investor Week by communicating about it to the public and to the media in Belgium.

FSMA's homepage will display the WIW logo during the World Investor Week, and a number of posts will be shared on the social media.

The FSMA will during WIW 2021 also be conducting an important campaign via social media to raise awareness of investment fraud perpetrated online. It will post fraud awareness videos as well as testimonials from victims of scams such as credit fraud or fraudulent online trading platforms. This campaign is conducted on Facebook, Instagram and Google. The aim of this campaign is to continue raise public awareness by disseminating videos created by the FSMA among 3 target groups: pensioners (60+), young investors (26-39) and more experienced investors (40-59).

With this campaign, the FSMA intends to be present on the favorite hunting ground of fraudsters, that mostly carry out their illegal activities on social media, and to thereby help consumers avoid the traps set by scammers.

During WIW 2021 the FSMA also publishes information about questions and reports of consumers concerning fraud and unlawful offers of financial products and services during the first half of 2021: 60% increase in reports of fraud | FSMA .

Jean-Paul Servais, Chairman of the FSMA, also took part in a webinar on sustainable finance on 4 October 2021, organized by Consob. The aim of this global webinar was mainly to discuss developments in the financial sector with a view to analyse the main implications in terms of investor protection and education.

Website(s): http://www.fsma.be

World Investor Week Coordinator(s): Jim Lannoo

Updated: October 08, 2021