Supervision & policy
In the run-up to 2024, Febelfin is publishing its recommendations for the Belgian presidency. With this document, the financial sector hopes to make its priorities known, and share its knowledge around specific technical files. Moreover, we submit some suggestions to raise the quality of European legislation.
Financing the economy
Afraid that your financial monthly burden will become too heavy after being laid off or due to other unforeseen events? When you lose your job or are temporarily unemployed, face illness or other unforeseen events, your financial options change. Your mortgage and other loans suddenly weigh much heavier on your budget. The banks are ready to help. Together, in good understanding, you can look for a feasible tailor-made solution to reduce your monthly financial burden. In this brochure you can find more information on what measures can be considered to reduce the financial monthly burden of a mortgage loan.
Fraud & security
Nowadays, there are various types of fraud that are aimed in particular at companies and that can potentially lead to major financial losses (CEO fraud, invoice fraud, phishing,..) We explain how fraudsters try to mislead you and how you can harm yourself, your employees and protect your company against these types of fraud.
Saving & investing
Do you have investments or wish to start investing? Or are your assets being managed? From 2 August 2022 onwards, you will be asked by your bank, insurer or intermediary agent whether you are interested in sustainable investment and insurance products.
Sustainable banking
In 2022, we are witnessing a positive evolution in terms of gender equality at all management levels for the first time. Women now represent 46.5% of middle management, 32.2% of senior management, 25.4% of executive committees, and 26.9% of boards of directors, according to the new annual report from Wo.Men in Finance Belgium. The report also provides an overview of all initiatives and tracks the evolution of diversity at all levels in the financial sector in 2022.
Digitalization & innovation
Inflation is the scourge of Europe. If we look at food, energy costs, telecommunications and more, we see that prices are soaring everywhere, not only in Belgium but also in neighbouring countries. But what about the charges that consumers and retailers pay to participate in payment transactions? Are prices getting out of control? Or do Belgian banks offer a proper price-quality ratio? In the interests of transparency, the Belgian banking sector commissioned KPMG to conduct a comparative study of the cost of payments for consumers and retailers in Belgium and seven other countries, including neighbouring countries.
Supervision & policy
In this memorandum (short version), Febelfin makes a number of proposals for concrete and necessary cooperation between the Belgian financial sector and the various levels of government in Belgium.
Supervision & policy
More than ever, the public and private sectors must work together for a sustainable future. In this memorandum, Febelfin makes a number of proposals for concrete and necessary cooperation between the Belgian financial sector and the various levels of government in Belgium.
Supervision & policy
In May 2023, the Commission proposed the Retail Investment Strategy. With this proposal, EU lawmakers aim to improve retail investor participation in capital markets while safeguarding the highest levels of consumer protection. The Belgian financial industry is a strong supporter of these goals and has given its feedback on the proposal. Febelfin believes that the expertise of the Belgian financial industry can support lawmakers in developing well-balanced and effective measures to achieve these goals.
Fraud & security
Nowadays, there are various types of fraud that are aimed in particular at companies and that can potentially lead to major financial losses (CEO fraud, invoice fraud, phishing,..) We explain how fraudsters try to mislead you and how you can harm yourself, your employees and protect your company against these types of fraud.
Supervision & policy
The debate on the minimum interest rate on savings accounts has dominated the public and political debate for several days now. Understandable, everyone would like to receive a little more interest on their savings. This would be a nice bonus, especially in a period of high inflation in which life has become more expensive. Read the opinion of Karel Baert, CEO of Febelfin.
Supervision & policy
In the run-up to 2024, Febelfin is publishing its recommendations for the Belgian presidency. With this document, the financial sector hopes to make its priorities known, and share its knowledge around specific technical files. Moreover, we submit some suggestions to raise the quality of European legislation.
Working in the financial sector
Febelfin represents the financial sector. But what exactly does that mean? What did Febelfin achieve in 2022 and what are the current projects? You can read this in our concise but complete annual report with the actions and highlights of the past year.