The Belgian Banking, Finance and Insurance Commission was the financial regulatory agency in Belgium. It was replaced by a new agency, the Financial Services and Markets Authority, on April 1, 2011 as part of a restructuring of the financial regulatory system in Belgium.
| Belgium Banking, Finance and Insurance Commission | |
|---|---|
| |
| general information | |
| A country | |
| date of creation | 2004 |
| Date of Abolition | 2011 |
| Headquarters | |
| Site | web.archive.org/web/2010... |
History
The organization was formed in 2004 as a result of the merger of the Insurance Supervision, created in 1975, and the Banking and Finance Commission, created in 1935, to form a single body to regulate all the financial markets of Belgium.
Responsibilities
- maintaining macro-and microeconomic stability of the financial system, which is the responsibility of the central bank, that is, the National Bank of Belgium;
- ensuring that market processes are fair and transparent, that relations between market participants are honest, fair and ethical