Russia

Promsvyazbank’s PSB-Forex obtains forex license from Russia’s c-bank

By Juana Wells

April 7, 2017

PSB-Forex, a unit of Promsvyazbank (PSBank), has become the latest entity to receive a forex broker license from the Central Bank of Russia (CBR), data published on Friday ...

Alpari starts 2017 with strong trading volume, joins SRO AFD as member

By Juana Wells

March 15, 2017

All News Featured News Forex Brokers Regulation

Russia-oriented forex brokerage Alpari reported strong monthly trading volumes for the first two months of 2017 and announced it has joined Russia’s Association of Forex Dealers (AFD), a ...

InstaForex obtains Russian forex broker license

By Juana Wells

March 9, 2017

All News Featured News Forex Brokers Regulation

Kaliningrad-based brokerage Fix Trade, which is the company behind the InstaForex brand, has received a forex dealer license from the Central Bank of Russia (CBR), according to data ...

Bank of Russia to also block access to .su fraudulent investment websites

By Juana Wells

February 6, 2017

All News Forex Brokers Regulation

The Central Bank of Russia (CBR) has decided to block all fraudulent websites that end with the .su domain and that offer financial services in the country, the ...

Bank of Russia-launched fintech association commences operations

By Juana Wells

February 3, 2017

All News Regulation

The Central Bank of Russia (CBR) announced the Association for Financial Technologies Development, which it established recently in collaboration with major industry leaders, has launched operations. The new ...

Profit Group stops offering binary options

By Juana Wells

February 1, 2017

All News Binary Brokers Forex Brokers

Russia-oriented forex broker Profit Group ceases as of Wednesday trading in binary options, the broker said in a statement on its website. The broker did not explain the ...

Forex broker TeleTrade alters key trading conditions

By Juana Wells

January 25, 2017

All News Forex Brokers

Russian forex broker TeleTrade said on Tuesday it is introducing several changes to its trading conditions, which includes the reduction of floating spreads on all instruments. ...

Losses from financial schemes in Russia drop to a third in 2016

By Juana Wells

January 17, 2017

All News Regulation

The losses of Russian investors to financial schemes dropped to RUB 2 billion in 2016 from some RUB 5.5 billion in 2015, Russian newspaper Izvestia reported, citing an ...

Russia’ NAUFOR proposes new official license cancellation rules for NBFIs

By Juana Wells

January 17, 2017

All News Regulation

Russian self-regulatory organization (SRO) National Association of Stock Market Participants (NAUFOR) said on Tuesday it has sent a proposal to the Central Bank of Russia (CBR) concerning possible ...

Bank of Russia tightens requirements for SROs on financial markets

By Juana Wells

December 5, 2016

All News Regulation

The Central Bank of Russia (CBR) has introduced new regulations concerning self-regulatory organizations (SROs) in Russia. It will introduce mandatory reports that SROs need to file and will ...

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