The National Bank of Belgium has decided to issue a governance manual for stockbroking firms. This manual has two objectives: on the one hand, to list all the relevant governancerelated documents applicable to stockbroking firms and, where necessary, to clarify their content; and, on the other hand, to transpose into Belgian law EBA guidelines 2021/14 on internal governance for investment firms and EBA guidelines 2021/13 on sound remuneration policies. The prudential expectations set out in this manual are applicable with immediate effect.