Tag: Russian Forex license

March 15, 2016 BY Maria Nikolova

Bank of Russia reviews internal standards projects of Forex organization CRFIN

Russia's Centre for Regulation in OTC Financial Instruments and Technologies (CRFIN), which is seeking to obtain a status of Forex self-regulatory organization (SRO) from the Bank of Russia, has received feedback from the regulator regarding its internal standards projects. The Bank of Russia has reviewed the proposals and has made clarifications and recommendations regarding these.…

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January 26, 2016 BY Maria Nikolova

Bank of Russia gets tough on Forex advertising

Representatives of the Bank of Russia, the body responsible for the regulation of Russia's Forex industry, and the Federal Antimonopoly Service (FAS) of the Russian Federation have discussed the different practices of Forex advertising. In an announcement following the discussions, the regulators note that, in accordance with Russia's law on advertising, companies that do not…

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November 12, 2015 BY Maria Nikolova

Russian Forex brokers ask regulators to postpone licensing deadline

As LeapRate has reported, Forex companies willing to obtain Russian Forex dealer licenses have to do so before the end of this year or stop targeting Russian investors. Many Forex companies, however, consider the deadline as too tight and practically impossible to meet. Russian Forex brokers are now seeking that the Bank of Russia extends…

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