FSMA warns against irregular trading of binary options

FSMA warns against irregular trading of binary options

Belgium’s Financial Services and Markets Authority, FSMA, warned on Wednesday that operators have been irregularly offering binary options on the Belgian market. Since 18 August 2016, no investment company, licensed or not, is authorized to offer binary options on Belgian territory, the FSMA recalled in a communique. Moreover, any company that wishes to offer investment products must have a license, the market authority said, adding that the offending actors “are not complying with the abovementioned rules”. “Consumers who have invested in these companies have never recovered their money, so this…

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FA under pressure to explain £80,000 payment to Eni Aluko after bullying complaint

FA under pressure to explain £80,000 payment to Eni Aluko after bullying complaint

The Football Association is facing questions over why it paid “hush money” to international footballer Eni Aluko after it emerged that a bullying complaint against the England manager, Mark Sampson, included an allegation that he made a remark with “racial and prejudicial connotations” to another player. Aluko, one of England’s most recognisable female footballers with 102 caps, was paid around £80,000 to sign an agreement that the FA claims was to “avoid disruption” ahead of this summer’s Euro 2017. Aluko’s lawyers believe that the agreement she signed prevents her from…

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