Former Alpari Director of Compliance Andrey Lisitsyn named President of CRFIN LeapRate

June 15, 2016 BY LeapRate Staff

Former Alpari Director of Compliance Andrey Lisitsyn named President of CRFIN

Russia’s Centre for Regulation in OTC Financial Instruments and Technologies (CRFIN), an FX body seeking to obtain official status as a Forex self-regulatory organization in Russia, has named Andrey Lisitsyn (pictured at left) as its new President. Lisitsyn graduated with a PhD in law from Russia's National Research University Higher School of Economics. He has worked for…

September 18, 2015 BY Maria Nikolova

Forex brokers can operate without license in Russia until end of 2015

The Bank of Russia has clarified some timing issues in the Forex law, including questions concerning the deadline for obtaining a Forex broker/dealer license.

March 26, 2015 BY Maria Nikolova

Russian Forex experts discuss problems related to nominee accounts

Russia's Forex law is a newborn piece of legislation, which was signed by Vladimir Putin not that long ago – in the end of December 2014. Since then, the actual work on implementing the law has started and this involves developing relevant subordinate legislation, a process that is at least as cumbersome and complex as the…

January 06, 2015 BY Andrew Saks-McLeod

Russia outlaws the word 'forex' on all websites and company names except FX dealers

Russia's newly introduced Forex regulatory law prohibits the use of the word 'Forex' in branding and company names by any entity other than Forex dealers

December 29, 2014 BY Andrew Saks-McLeod

Vladimir Putin signs the Forex law, Russia's FX industry finally gets regulated

Following signature by Vladimir Putin, Russia's new Forex regulations will be effective as of October 2015

December 10, 2014 BY Andrew Saks-McLeod

Breaking News: Suspense continues for Russian FX as regulatory bill torpedoes CFDs

Following 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

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…

November 10, 2014 BY Mike Fox

LeapRate Forex Weekly Look Back – Week of November 3rd

LeapRate Forex Weekly Look Back – Week of November 3rd Luis Sanchez | https://www.leaprate.com/BTYKK Glenn Stevens | https://www.leaprate.com/UFvQ3 ADS Securities & Acuity Trading | https://www.leaprate.com/21HeN Marketing for Brokers | https://www.leaprate.com/ICW5R OANDA | https://www.leaprate.com/x3Tyq FXCM | https://www.leaprate.com/uvTOu Russia Research | https://www.leaprate.com/gcbyj Tradesmarter | https://www.leaprate.com/jJunv

May 21, 2014 BY Mike Fox

New FX business entered into Russia's TSRFIN 'black list'

The following press release is translated to English from Russian courtesy of Google Translate, with some editing to make it more clear. The news alert is concerning a new FX related business violating rules of Russian self regulatory watchdog TSRFIN and which in turn means it has been black listed as high warning to investors…

April 25, 2014 BY Gerald Segal

Russia downgraded by S&P to near-junk status – good for Russia FX volumes?

The leading credit rating agency has injected more volatility into an already volatile situation. Global credit rating agency Standard & Poor's (or S&P for short) has downgraded its ratings of Russian foreign debt to BBB-, just one notch above 'junk' status, keeping its outlook negative. S&P backed its decision by continued capital outflows from Russia, as…

Tag: Russia forex regulation