Vadim Marsovich Faizullin, head of Nefteprombank's department for consulting clients about financial markets, has been elected to the Expert Board of Russia's FX self regulatory organization CRFIN
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Read moreFollowing yesterday's acceptance by the Russian Duma of the second reading of the proposed FX bill, a third reading has now been scheduled for December 16, which, if accepted, will only require Putin's signature to become official law, however only spot FX will be permitted in Russia
Read moreThe 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.…
Read moreOne 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…
Read moreThe union, effective from the start of 2015, will implement non-tariff regulations. The newly formed 'Eurasian Union' will “gradually align” their currency and monetary policies.
Read moreOriginal 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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