SGX to transfer Regulation unit to subsidiary company with separate Board LeapRate

July 18, 2016 BY Mike Fox

SGX to transfer Regulation unit to subsidiary company with separate Board

Singapore Exchange (SGX) announced today it will establish a separate subsidiary company (RegCo) to undertake all the front-line regulatory functions it currently performs. The move aims to further enhance the governance of SGX as a self-regulatory organisation (SRO) by making more explicit the segregation of its regulatory functions from its commercial and operating activities. RegCo…

June 23, 2015 BY Maria Nikolova

Russia's CRFIN beefs up structure ahead of Forex law enactment

The Forex self-regulatory organization creates three new committees and signs up agreements with institutions for consumer rights protection and Forex brokers' staff education.

June 22, 2015 BY Maria Nikolova

Ukraine continues work on Forex regulation

Maximum leverage for Forex trades in Ukraine will be 1:50, whereas brokers' participation in a compensation fund – compulsory.

December 19, 2014 BY Mike Fox

Serious Fraud Office arrests former London trader

British national daily newspaper the Guardian is reporting late this Friday afternoon that the UK's top fraud prosecutor has arrested a former City trader in relation to its criminal investigation into whether individual traders rigged the $5.3tn-a-day FX market. The Serious Fraud Office confirmed that it had arrested a man in Billericay, Essex, today with the help of the City of…

Tag: SRO