China Merchants Bank chooses Wolters Kluwer’s OneSumX for Regulatory Reporting LeapRate

December 15, 2017 BY Valentina Kirilova

China Merchants Bank chooses Wolters Kluwer’s OneSumX for Regulatory Reporting

China Merchants Bank (CMB) just announced that it has chosen Wolters Kluwer’s OneSumX for Regulatory Reporting to provide its regulatory reporting software for its operations in Luxembourg, following a competitive tender process. OneSumX for Regulatory Reporting uses a single source of data to ensure consistency, reconciliation and accuracy and includes the firm’s Regulatory Update Service.…

July 03, 2017 BY LeapRate Staff

Exclusive: Turkey bans all accounts and trading with foreign Retail FX brokers

LeapRate Exclusive... LeapRate has learned that the Turkish government is issuing new regulations, which will make it illegal for Turkish residents to hold accounts or trade leveraged Forex or CFD products with foreign brokers not licensed by the country's Capital Markets Board (CMB). Turkey has been slowly tightening the screws when it comes to leveraged…

March 08, 2016 BY Maria Nikolova

Turkish regulator blocks access to Avante Trade website

The Capital Markets Board (CMB) of Turkey has taken action against retail Forex broker Avante Trade, which offers its services via https://avantetrade.com/. The company has a Turkish-language version of the website, which is, apparently, a reason for the regulator to examine the activities of the broker. The CMB (or SPK, as it is also known)…

September 09, 2015 BY Maria Nikolova

Turkish regulator awards license to Forex broker Alan Menkul

The company is now authorized to offer a range of services – from Forex to investment consultations and portfolio management.

August 31, 2015 BY Maria Nikolova

Turkey's CMB imposes $30,000 fine on Isik Menkul

The parent of Turkish Forex broker IsikFX will have to pay an administrative fine for providing investment advice in violation of the national laws.

Tag: CMB