Act 2002 status not recorded
Law of 2 August 2002 on the supervision of the financial sector and on financial services
Plain-English summary
Legislation about the FSMA: the conduct-of-business and supervisory law the FSMA cites in its settlements (for example Arts. 27, 27bis, 27ter and 28) and for its enforcement powers (Art. 36). The FSMA hosts an unofficial consolidated English version of July 2013 only, so later amendments are not shown.
Who it applies to
Capital Markets · Asset & Wealth Management · Corporates (Listed)
Topics
Conduct & Consumer Protection Market Integrity & Securities
Latest news
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RBI finalizes Basel III market risk capital requirements for banks
26 Sep 2026
The Reserve Bank of India has issued final Directions on minimum capital requirements for market risk under the revised Basel III framework, effective April 1, 2027. The framework adopts the Simplified Standardised…
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RBI penalizes gold-loan fintech KLM Axiva Finvest Limited for auction surplus non-payment
26 Sep 2026
The Reserve Bank of India imposed a monetary penalty of ₹2.70 lakh on KLM Axiva Finvest Limited for regulatory non-compliance discovered during statutory inspection. The company failed to remit surplus amounts to…
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RBI penalizes Hero Fincorp for excess interest collection breaches
26 Sep 2026
The Reserve Bank of India imposed a monetary penalty of 10 lakh rupees on Hero Fincorp Limited on September 22, 2026, following supervisory findings of non-compliance with RBI's "Fair Practices Code for Lenders…