Work on the implementation of Russia's Forex law continues, with the first meeting of the Expert Board on OTC financial instruments and the protection of rights of individual investors held on August 26, 2015.
Read moreThere will be no upper limit on compensation that clients of an insolvent Forex broker in Russia may get, according to a normative act drafted by the Bank of Russia.
Read moreWork 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.…
Read moreRussian retail Forex traders are broadly unsupportive of the leverage cap of 1:50, outlined in the Forex law, a recent survey has shown. In December 2014, Russia's "Centre for Regulation in OTC Financial Instruments and Technologies" (CRFIN) conducted a survey amid retail Forex traders in the country, asking them to voice their opinion on the maximum…
Read moreRussia's long awaited Forex law the has now been approved by the upper chamber of the Russian parliament, representing the next step in becoming legally binding after it was approved by the State Duma in recent weeks
Read more