Tag: Russia forex bill

November 20, 2014 BY LeapRate Staff

Russia may prohibit banks from providing Forex trading

The following is taken from an original article on LeapRate Russia. For more Forex related articles written in Russian see LeapRate Russia at ru.leaprate.com. One of the top officials at the Bank of Russia insists that banks do not need the Forex business at all, as it is closer to gambling rather than financial activities.…

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November 19, 2014 BY LeapRate Staff

Russian lawmakers postpone second reading of FX bill – again

One of the biggest jurisdictions in the world is still without a Forex law, as lawmakers remain reluctant to discuss the Forex bill. The second reading of Russia's Forex bill, which was supposed to be finally held yesterday, got postponed again. A protocol from a meeting of the Council of the State Duma (the lower…

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March 07, 2014 BY Gerald Segal

Russia FX regulation update – Putin wants Forex license

Original bill to be brought to the Duma spring session, special Forex license to be required. It has been nine months since the first reading of Russia's proposed new Forex law in the Duma, back in June 2013, but it does now seem as if the process is picking up steam. According to Russian self-regulatory…

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