New Zealand’s authorities seek to tackle misuse of Financial Service Providers Register LeapRate

November 30, 2015 BY Maria Nikolova

New Zealand's authorities seek to tackle misuse of Financial Service Providers Register

It has been nearly two months since New Zealand's Financial Markets Authority (FMA) voiced its concerns over the growing number of complaints it receives over Forex companies that are registered in the Financial Service Providers Register (FSPR). It seems that the FMA was not the single regulatory body in New Zealand to be concerned over this…

May 23, 2015 BY Maria Nikolova

Bank of Russia gets request to hike maximum leverage to 1:100

The maximum leverage for FX trading in Russia should be at least 1:100, or two times higher than the level set in the law, CRFIN told the Bank of Russia.

May 15, 2015 BY Maria Nikolova

Russia to welcome foreign FX brokers...but not offshore ones

The Bank of Russia has just published a draft normative act that details the requirements for foreign Forex companies willing to set up representative offices and market their services in Russia.

May 08, 2015 BY Andrew Saks-McLeod

Is Malta the next Cyprus? - Dr Omar Zerafa takes a close look

Advocate Dr. Omar Zerafa provides a detailed insight into establishing and licensing a retail FX firm in Malta, and how the jurisdiction compares to Cyprus as a hub for retail FX

April 13, 2015 BY Maria Nikolova

Bank of Russia hosts meeting on Forex law

Work on implementing the newborn Russian Forex law continues at the Bank of Russia, the Megaregulator that will be responsible for the oversight of this market segment too. Earlier today, a working session was held at the Bank of Russia, with the special participation of Larisa Selyutina, head of the Securities Market and Commodity Market Department.…

March 26, 2015 BY Maria Nikolova

Russian Forex experts discuss problems related to nominee accounts

Russia's Forex law is a newborn piece of legislation, which was signed by Vladimir Putin not that long ago – in the end of December 2014. Since then, the actual work on implementing the law has started and this involves developing relevant subordinate legislation, a process that is at least as cumbersome and complex as the…

February 16, 2015 BY Maria Nikolova

Work on implementing Russia's Forex law commences

LeapRate is keeping you up to date with all of the latest regulatory developments across the globe, with a piece of positive news coming from Russia these days. About a month and a half after Vladimir Putin signed the Forex law, the actual work on implementing all of the new rules has begun. On February…

February 04, 2015 BY Andrew Saks-McLeod

Tag: forex law