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

Minority shareholders who suffer huge losses are left waiting for years, while courts, despite their best efforts, lack the resources to...

Minister Annelies Verlinden is requesting an additional €1 billion for structural investments in her department. Her message is sobering:...

The wheels of justice turn slowly – too slowly – and this undermines the credibility of the rule of law. In an opinion piece in De Tijd,...

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

"Trafigura Group will pay $126 million and plead guilty to US charges related to bribery in Brazil, in the latest case involving...

Here is the truth: the criminal investigation in Brussels into Nyrstar  was closed solely due to a lack of resources, and the verdict...

It is hereby (once again) confirmed: Trafigura, the international commodities trader that hijacked the assets of Belgium's industrial...

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...

The post published by the well-known whistleblower Julie O'Connor confirms once again that  Trafigura  is under scrutiny by regulators in...

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

The recent landmark bribery trial involving  Trafigura 's former COO, Mike Wainwright, sheds a disturbing light on the inner workings of...

A landmark trial is set to shake the global commodity trading industry as  Trafigura  Group and its former chief operating officer face...

This is a great victory in our fight for better protection of minority shareholders in Belgium! Today marks an important milestone in our...

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

When the grown-ups talk, the little ones must be silent. This was a familiar scene at many family tables for a long time. In the business...

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