LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
Forex Club, a retail Forex broker focusing on clientele in the Commonwealth of Independent States (CIS), on Tuesday filed an application for its inclusion in the Forex companies’ register maintained by the National Bank of the Republic of Belarus.
The regulator is set to review the application within 30 days.
The Belarus Forex market has been regulated since June 2015, when the nation’s president signed the respective law.
Forex Club is also waiting for the decision of the Bank of Russia regarding its application for a Forex dealer license. Vladimir Putin signed the Russian Forex law in December 2014, with the document stipulating that all Forex companies wishing to provide their services in the Russian market should obtain Forex dealer licenses by the end of 2015. Thus far, only FINAM has secured the coveted license.
You can view the announcement from Forex Club by clicking here.