Belgium's Financial Services and Markets Authority (FSMA) published updated supervisory statistics showing rising use of its reporting channels in 2025, with 306 whistleblower reports and 4,674 consumer reports received, largely linked to unlawful or fraudulent offers. The FSMA framed these channels as key inputs for early detection of infringements and, where warranted, supervisory measures. Whistleblower reports have increased from 139 in 2022 to 238 in 2023, 274 in 2024 and 306 in 2025, covering a broad range of FSMA responsibilities and sometimes leading to investigations and sanctions; the FSMA emphasised protections for anonymity and confidentiality. Alongside this, the recently introduced banker’s oath regime applies to about 30,000 people in Belgium and provides for disciplinary sanctions, including a ban on carrying out professional activities for up to three years, supported by an FSMA certificate requirement for job applicants and a dedicated complaint channel; more than 500 managers have taken the oath at the FSMA and 3,350 at their credit institution. On consumer reporting, the FSMA cited an average of 273 monthly reports on unlawful or fraudulent offers in 2025 and said that since April 2025 it has blocked 245 fraudulent domain names via the Belgian Anti-Phishing Shield (BAPS), preventing 22,973 attempted visits to fraudulent websites.
Belgium Financial Services and Markets Authority 2026-01-29
Belgium's Financial Services and Markets Authority reports a 12% rise in whistleblower reports and a 13% increase in consumer reports in 2025
Belgium's Financial Services and Markets Authority (FSMA) reported increased use of its reporting channels in 2025, with 306 whistleblower and 4,674 consumer reports, mainly on unlawful or fraudulent offers. The FSMA emphasized these channels' importance for early infringement detection and supervisory actions, also noting a banker’s oath regime affecting about 30,000 individuals, including disciplinary measures and a certificate requirement.