Professionals

15. May the following statuses be held concurrently?

  • Regulated undertaking and independent financial planner:
    A regulated undertaking may not hold the status of regulated undertaking concurrently with the status of independent financial planner. It may however provide financial planning advice subject to the rules of conduct laid down in the Law of 25 April 2014 and the Royal Decree of 8 July 2014.
  • Payment institution and independent financial planner:
    A payment institution as referred to in the Law of 21 December 2009 on the legal status of payment institutions and electronic money institutions, access to the activity of payment service provider, the activity of electronic money issuer and access to payment systems may not hold its status of payment institution concurrently with the status of independent financial planner.
  • Real estate agent and independent financial planner:
    A real estate agent as referred to in Article 2, 4°, of the Law of 11 February 2013 organizing the profession of real estate agent may not hold its status as real estate agent concurrently with the status of independent financial planner.