The role of regulators in financial trading

The role of regulators in financial trading

binary-823343_960_720Trust is good, control is better. This principle also applies to the international financial markets. Especially the events leading up to the financial crisis, when many companies have been received too much risk and therefore had to subsequently realize huge losses, have once again shown that a functioning financial supervision is absolutely necessary.

It controls the financial services in their area of competence, monitor compliance with the applicable rules and laws and licensed these works. Especially in business with binary options, the state regulation of a provider for the customers is extremely important. Because the entire trade is conducted online and you never enters with his broker in direct personal contact or can visit his office, you have to find a partner who is demonstrably trustworthy.

Licensing to brokers for binary options

Cyprus was recognized the first country within the European Union in the binary options as financial products and the competent broker were accordingly licensed as financial services. For this reason, most of the well-known brokerage firms resident on the Mediterranean island. Later moved to Malta the next EU country gradually defined binary options as investment instruments.

Responsible for the supervision of financial markets and their participants is in Cyprus the Cyprus Securities and Exchange Commission (CySEC). This checks the its subordinate companies and regularly publishes warnings about brokers that do not comply with the applicable regulations or the same have no license. Some licenses granted for violations of rules previously also be revoked.

EU law as the basis for legislation

In Germany, the Federal Financial Supervisory Authority (BaFin) is responsible for monitoring the sector in Österreicht the Financial Market Authority (FMA) and in Switzerland, the Swiss Financial Market Supervisory Authority (FINMA).

The legal basis for the law in the individual EU countries provides the EU MiFID Markets in Financial Instruments Directive (MiFID), which was later updated to MiFID II. A Financial Market Authority or Financial is basically there to control the online scam various active in the financial market business. Their main concerns are the stability of the markets and ensuring a fair and efficient business processing. Therefore fraud and manipulation should be prevented. To be able to achieve these basic goals there are requirements on which compliance is particularly respected.

The general duties of care related to verification of their customers and their activities. These include:

  • Determining the customer’s identity
  • Storage of documents for identification
  • customer risk assessment related. money laundering or terrorist financing
  • Notification of suspected cases

For a financial company requires a sufficient capital base, whose scope is laid down in each national. The capital shall be such that client funds are easily cashable regularly. The company’s capital must be independent of the client funds are held in order in the event of insolvency account content not easily flow into OnlineScam the bankruptcy estate.

In this case, it is also important to be a participant of an Investor Compensation Fund, the customers their money back, up to a certain extent, be refunded if a company is in trouble.

0 thoughts on “The role of regulators in financial trading

  1. where to get insurance
    50 plus car insurance \ Video
    50 plus car insurance 50 plus car insurance AvivaPlus Car Insurance Everyone pays monthly by card, interest-free AvivaPlus Car Insurance Customers told us the things they dislike most about insurance. We listened and created AvivaPlus to start addressing some of these. We know you want an insurer you can trust but we know price is important too – AvivaPlus cover starts from just ?14.50 a month (that’s ?174 a year). We expect 10% of customers to pay this for Regular cover 1 . Insurance the way it should be Pay monthly, with no interest Change cover or cancel with no …
    The post 50 plus car insurance \ Video appeared first on Car.

    Kansas Finance
    reply of
    azui file claim
    dxm guaifenesin extraction
    happy gringo travel galapagos

  2. best credit cards

    University of missouri campus + Video
    Admissions – MWSU – Missouri Western State University University of missouri campus Missouri Western offers an education tailored for you. Unlock your potential with hands-on learning, working side-by-side with professors and peers. You will quickly discover what we mean when we say … Prospective Students Majors & Minors Colleges & Schools Cost & Tuition Financial Aid & Scholarships Residential Life Student Life Quick Facts Prospective Students Become a Griffon Students are granted admission to Missouri Western State University after their academic transcripts, test scores and/or other necessary admission documents are received. For specific admission requirements, select the student group you …
    The post University of missouri campus + Video appeared first on Travel.

    Diet News
    sc2012_sp2_configmgr_scep exe
    gm diet
    left hand drive

    TOP 250 FREE DOFOLLOW SITE LINK LIST;board=1.0;type=webslice;u=72320;code=3f7a7e3528,325.htm;topic=767.0;last_msg=14667;board=16.0;board=192.0;board=36.0;wap2

  3. credit one bank credit card application

    Assurance immobiliere + Video
    Assurance professionnel de l – immobilier, Assurance pour les professionnels de l – immobilier Assurance immobiliere Assurance immobiliere Secur’ Treso Securisez vos coproprietes en cas d’impayes des charges Nos conseils en video Decouvrez le partenariat exclusif Verspieren / Tissot Documents et actualites juridique Beneficiez de notre offre exclusive permettant la mise a disposition de documents juridiques. Assurance loyers impayes les conseils de Verspieren en video Gerez vos leads immobiliers en toute simplicite Decouvrez le partenariat exclusif Verspieren / Scorimmo. Une solution innovante pour ne plus perdre aucun prospect SOS ASSURIMM Une solution qui repond a votre besoin d’assurances et qui …
    The post Assurance immobiliere + Video appeared first on Travel.

    Japan Business
    reply to
    cars for sale costa blanca


  4. my campus
    Mint: Money Manager, Bills, Credit Score & Budgeting, personal credit.Personal credit
    How do you measure up? The average credit score for Mint users is 705 (national avg. is 673*). Check yours for free in Mint. How do you measure up? The average credit score for Mint users is 705 (national avg. is 673*). Check yours for free in Mint. How do you measure up? The average credit score for Mint users is 705 (national avg. is 673*). Check yours for free in Mint. Budgets? You betcha Easily create budgets, and see our suggestions based on your spending. Bills? Done Track and pay bills like never before. Get alerts and schedule payments …
    The post Mint: Money Manager, Bills, Credit Score & Budgeting, personal credit.Personal credit appeared first on Credit.

    Idaho Business
    visterra credit union
    trustmark accident
    madura online sinhala english dictionary free download
    defence day speech in

    TOP 250 FREE DOFOLLOW SITE LINK LIST–daclavirocyrl-/;u=568937

  5. buying a car

    Credit One Bank One to Go: Moffitt stuns field with victory! ) Video
    Credit One Bank One to Go: Moffitt stuns field with victory Credit One Bank One to Go: Moffitt stuns field with victory Does What, the usual documents that are required along with your application are. The Ontario Motor Vehicle Industry Council, certified financial statement Credit One Bank One to Go: Moffitt stuns field with victory the last 3 years. There are risks to co-signing, in this case think about what the property would provide as rental income when they Credit One Bank One to Go: Moffitt stuns field with victory not there. It’Credit One Bank One to Go: Moffitt stuns …
    The post Credit One Bank One to Go: Moffitt stuns field with victory! ) Video appeared first on Credit.

    Bakersfield Finance
    1 corelogic

    TOP 250 FREE DOFOLLOW SITE LINK LIST,,/;board=7.0,Rating&username=INSURANCECam&,+analytics+experts.+All+bad+on+this+planet+happens+with+the+quiet+tacit+consent+of+the+indifferent.+No+one+provides+us+with+incentives.+We+are+Enthusiasts.+We+are+building+a+civil+society.+The+people+are+the+bearer+of+sovereignty+and+the+only+source+of+power.+No+one+can+usurp+power.+Useful+topics+-+War+Virginia+Business+++baby+trend+skyview+travel+system+++petmed+mobile++++abc+auto+transport++Italy%20Business&emailNotify=yes&localMailList=yes&thirdPartyMailList=no&commentErrors=Invalid%20content%20in%20the%20comment#commentForm,Rating&username=JessieMal&;+float:+left;+margin:+5px;%22%3E%3C/…*+Video<p>2012+colorado+2012+colorado+A+list+of+Colorado%D0%B2%D0%82%E2%84%A2s+historic+blizzards+and+snowstorms+Snow+removal+in+1913+at+Civic+Center+open+space.+(Denver+Public+Library+Western+History+Department)+Denver+has+had+its+fair+share+of+record+snowfalls+during+the+last+100+years,+but+three+of+them+certainly+stand+out.+In+the+first+week+of+December+1913,+45.7+inches+of+snow+buried+the+city,+making+snow+removal+a+terrible+challenge.+The+open+space+in+front+of+the+state+capitol+building,+now+Civic+Center+Park,+was+the+destination+of+hundreds+and+hundreds+of+horse-drawn+wagonloads+of+snow.+A+memorable+blizzard+descended+on+the+…</p><p>The+post+<a+href="">2012+colorado+*+Video</a>+appeared+first+on+<a+href="">Finance+USA</a&gt;.</p>+Oakland+Finance&forumId=553&error=283……%0AThe+post+Chevrolet+colorado+price++Video+appeared+first+on+Hosting.%0D%0A%0D%0A+%0D%0AColorado-springs+Business&kontrolle=12&kontrolle2=&absenden=Absenden

Leave a Reply

Your email address will not be published. Required fields are marked *