Update on Asset Management and Non-bank Financial Intermediation in Belgium

This article summarises the main findings of the most recent joint update report on asset management and Non-bank financial intermediation (NBFI) by the Financial Services and Markets Authority (FSMA) and National Bank of Belgium (NBB), published on 6 May 2021. It is the third update of the joint NBB-FSMA report on Asset management and NBFI, formerly referred to as shadow banking, which was submitted to the Minister of Finance and the High-Level Expert Group (HLEG) , and subsequently published, in September 2017.