EU Regulators & Authorities

Financial Services and Markets Authority (Belgium) (FSMA)

Belgium NCA for MiCA conduct supervision — coordinates with NBB for credit-institution CASPs and AML.

Definition

The FSMA is the Belgian conduct supervisor and the designated MiCA NCA. NBB handles credit-institution-CASP supervision under Article 60 and AML. Small but engaged supervisor; strategic for platforms valuing EU institutional proximity (Brussels-based).