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On April 22, 2026, the Financial Services and Markets Authority (FSMA) announced an agreed settlement with Keytrade Bank. The settlement requires Keytrade Bank to pay €250,000 and authorises the FSMA to publish the bank's name on its website. An agreed settlement represents a resolution mechanism through which the FSMA and a regulated entity reach a mutual understanding on enforcement matters without proceeding to formal adjudication. This approach allows both parties to resolve compliance concerns efficiently while maintaining regulatory oversight. The publication of Keytrade Bank's name on the FSMA's website serves as a transparency measure, informing market participants and the public of the settlement outcome. The specific regulatory violations or compliance issues that prompted the settlement were not detailed in the announcement. The FSMA's enforcement action reflects its ongoing supervisory activities within Belgium's financial services sector, which encompasses banking, investment services, and related activities under the FSMA's regulatory remit. The settlement is now effective, with the financial penalty payable to the FSMA and the public disclosure requirement implemented as of the announcement date. REFERENCES: Financial Services and Markets Authority (FSMA) – Agreed settlement with Keytrade Bank (April 22, 2026)