Russia’s CRFIN invites Forex companies to submit questions about licensing LeapRate

November 18, 2015 BY Maria Nikolova

Russia's CRFIN invites Forex companies to submit questions about licensing

A brief announcement that would be of interest to Forex companies that want to obtain licenses of Forex dealers in Russia... The Centre for Regulation in OTC Financial Instruments and Technologies (CRFIN) is planning a meeting with representatives of the Bank of Russia, the regulator responsible for the oversight of Russia's Forex industry. The meeting…

November 17, 2015 BY Maria Nikolova

FINAM becomes first company to apply for Russian Forex dealer license

FINAM Forex, part of the FINAM Group of Companies, has announced that it has submitted the relevant documents for obtaining a Russian Forex dealer license. The documents have been filed with the Bank of Russia, which is responsible for the regulation of Russia's FX industry. The review of FINAM's application will take up to 60…

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…

October 26, 2015 BY Maria Nikolova

Bank of Russia publishes standards for Forex brokers' activity

Bank of Russia, the financial “Megaregulator” that is responsible for the Forex industry in the country too, has had an Instruction regarding the business activities of Forex brokers published in its official newspaper today. The Instruction includes 11 standards, or standard requirements, which Forex brokers willing to be and stay regulated in Russia should meet.…

October 05, 2015 BY Maria Nikolova

Tag: russian forex regulation