Banker's oath
Credit institutions (Belgian institutions or foreign institutions established in Belgium) draw up a list of the banking service providers working at their company or on their behalf at agencies. This list must specify the category or categories to which the banking service provider concerned belongs and the date on which he or she took the oath. Although they are not required to take the oath, banking service providers who perform functions within an Entity for less than six months must be included in the list of banking service providers.
Credit institutions must provide this list of banking service provider and its updates to the FSMA. This list must be updated and submitted to the FSMA twice a year:
- The first list must provide an overview of banking service providers as at 15 January of the relevant year. This list must be communicated to the FSMA within one month of this date, i.e. by 14 February of each year.
- The second list must contain an overview of banking service providers as at 15 July of the relevant year. This list must be submitted no later than August 14 of each year.
The procedures for drawing up and notifying this list are available on the website of the FSMA.