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...

In this short video, Bart De Smet, Chairman of the Corporate Governance Committee, reflects on the independence of board members and the...

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 imminent introduction of multiple voting rights is currently sparking controversy in the media over whether sufficient consideration...

Listed companies will soon be able to introduce multiple voting rights in addition to double voting rights. Without robust checks and...

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...

Is Nyrstar’s board of directors truly caught between a rock and a hard place? That metaphor positions the board as a victim. In reality,...

The financial newspaper De Tijd published an opinion by Kris Vansanten in which he argues that Nyrstar should finally act in line with...

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

How do you commit a hold-up on a publicly traded company in Belgium? By applying a cuckoo strategy, as this video explains in less than...

"The protection of minority shareholders and the strengthening of the Belgian capital market require well-founded analysis and policy....

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

Is Nyrstar really suffering a $300 million loss due to historically low zinc processing wages, as a recent article in De Tijd seems to...

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

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

A major victory in our fight for better protection for minority shareholders! Today marks an important milestone in our ongoing fight for...