Articles

The Market Court recently received a petition for the annulment and reform of the decision of the Sanctions Commission of financial watchdog FSMA in the Nyrstar case. The commission had found Nyrstar NV guilty of market manipulation. The company was fined €80,000, but its board members were acquitted. The commission ruled that there had been insufficient investigation into their individual roles in the manipulation. That ruling is now being challenged. The ball is therefore i

The FSMA Sanctions Commission did find misleading practices at Nyrstar and convicted it of market manipulation related to its liquidity position prior to the restructuring. The other allegations, despite having been thoroughly analyzed for four years by the FSMA Auditor, were dismissed two years later, after six years of proceedings, including five days of closed-door hearings, without even consulting the minority shareholders' union that had been working on the case for more

“Together, we can make our societies open for business but closed for crime.” The words of Belgian Prime Minister Bart De Wever at the United Nations still resonate as I work my way through the 146-page decision of the FSMA Sanctions Committee on market manipulation at Nyrstar NV. The Committee’s mandate was clear: to determine the sanctions for four violations identified by the FSMA’s auditor after years of investigation. His exhaustive reports left little doubt that Nyrstar

The Nyrstar saga continues to make headlines. La Libre follows up on articles published by L'Echo and De Tijd and highlights a striking...

Our years of appealing for transparency in the sour Nyrstar file finally seems to have been heard. In this article by Bert Broens in De...

The enforcement committee of the FSMA is expected to rule on the Nyrstar case shortly. It is high time, as it has been more than six...

The truncated communication from Nyrstar clearly does not please the Financial Services and Markets Authority  ( FSMA ) and the Antwerp...

‘It seems that the justice system wants to send a strong message to politicians’, this week in Trends Tendances. Does the justice system...

In a ruling in the Nyrstar case, the chamber of indictments at the Brussels court of appeal lashes out at the federal government for its...

Pleadings were held yesterday before the Turnhout District Court for the appointment of a provisional administrator at Nyrstar NV. The...

The court in Turnhout has postponed the appointment of a provisional administrator for Nyrstar pending the results of the investigations...

On December 2nd, trading giant Trafigura faces court over allegations of corruption involving its former parent company, Trafigura Beheer...

Isabel Albers writes in De Tijd: 'We should not accept that our police and judicial systems are so dysfunctional. The judicial system is...

The Public Prosecution Service is now retracing its steps and has opened a new investigation. Antwerp Courthous e - © Fred Romero The...

Forgery and use of forged documents? Misuse of company assets? The net is closing in on Nyrstar  and its main shareholder, Trafigura : an...

Trafigura is currently embroiled in another scandal. In this article, De Tijd's Bert Broens states that 'The Singaporean commodities...

The Court of Cassation has rejected our appeal against the decision of the Antwerp Court of Appeal of 17 November 2002. This ruling...

After more than five years of struggle by a group of minority shareholders against Trafigura's takeover of Nyrstar, and with the facts...

Rik Van Cauwelaert's column is spot on. 'The Belgian judiciary has a regrettable shortcoming: it is no longer able to resolve financial...

The minority shareholders of Nyrstar NV submitted a claim against  Deloitte  for its role in enabling and covering up the allegedly...