The Belgium Financial Services and Markets Authority issued a supervisory press release highlighting that approved compliance officers are not sufficiently meeting their continuing education obligations and reminding regulated companies that they must ensure ongoing compliance. Approved compliance officers are required to complete at least 40 hours of training per three-year continuing education cycle with training providers accredited by the FSMA, and regulated companies must ensure their approved compliance officer complies with this requirement at all times.
Belgium Financial Services and Markets Authority 2025-07-10
Belgium Financial Services and Markets Authority identifies insufficient compliance with continuing education rules for approved compliance officers
The Belgium Financial Services and Markets Authority issued a supervisory press release noting that approved compliance officers are not adequately fulfilling their continuing education obligations. Officers must complete at least 40 hours of training every three years with FSMA-accredited providers, and regulated companies are responsible for ensuring compliance.