Licensing and Regulation Archives | Online Forex Trading

Investors who trade Binary Options want a reliable licensing and regulation regime. The growing market of binary options is making major steps in becoming legit & regulated. If you want to find out more about binary options regulation, safety and licensing then check out our additional articles about this subject.

Massive settlement between US authorities and Banc de Binary

Massive settlement between US authorities and Banc de Binary

According to reports in the Wall Street Journal and other media, the years- long battle between binary options broker Banc de Binary and the US financial authorities, the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission, is finally reaching an end, through a settlement between the parties for the massive amount of $11 ...

More brokers warned against by regulators

More brokers warned against by regulators

As the sector of online binary options trading moves closer and closer to getting fully regulated, binary options brokers are appearing on the warning lists of regulators as regularly as forex brokers. Shortly before the end of 2015, the Commissione Nazionale per le Società e la Borsa (Consob), which is Italy’s financial markets regulator issued warnings ...

Binary options brokers warned against across the globe

Binary options brokers warned against across the globe

Moving the binary options industry more towards regulation proves a daunting endeavor, as many binary options brokers continue to solicit clients in jurisdictions where they are not allowed, or falsely claiming to be regulated to offer their services. In response, the relevant market regulators across the globe try to keep up pace and protect unsuspecting ...

Multiple warnings from regulators against unlicensed brokers

Multiple warnings from regulators against unlicensed brokers

Financial markets across the globe have lately been busy once again chasing after unregulated brokers and issuing warning against entities that do not hold valid licenses to operate within their respective jurisdictions and targeting their nationals. Let us have a look at the latest such cases, which keep pouring in, indicating that the online trading industry ...

a pair of blue eyes watching over brokers

a pair of blue eyes watching over brokers

Persistent in its unabated war against unregulated brokers and fraudsters cloning authorized firms to deceive clients, Britain’s financial markets regulator, the Financial Conduct Authority (FCA) issued during the last few days several warnings against financial companies. More specifically, the public is warned against the scammers behind a company called ...

The EU takes steps towards the regulation of digital currencies

The EU takes steps towards the regulation of digital currencies

With digital currencies gaining ground the need for the regulation of the field is becoming increasingly evident. In all the EU member states however, this is a matter that needs to be decided upon collectively and thus authorities in each jurisdiction have repeatedly asked for guidance from EU bodies. It appears that things have started moving towards the ...

CySEC Addresses FX Inconsistencies with EMIR Reporting

CySEC Addresses FX Inconsistencies with EMIR Reporting

It is perhaps not surprising that only a few days after the coming into effect of the reporting obligation under the EMIR that problems and issues requiring further clarifications arise. The reason for this is that the endeavour was very challenging and demanding to begin with, as is always the case when any kind of structured and all encompassing regulation is ...

CySEC suspends the CIF license of Harvest Financial Services

CySEC suspends the CIF license of Harvest Financial Services

The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement on 13 February 2014, informing the public of its decision to suspend the CIF authorization of the company Harvest Financial Services Ltd for a period of three months according to the provisioQns of the relevant law, i.e. of Article 26(3) of the Provision of Investment Services, the ...

Reforming the financial industry for greater transparency

Reforming the financial industry for greater transparency

The repercussions of the recent forex fixing scandal still continue unabated, while in fact there is a strong conviction that we have not yet reached the bottom of the pit. Since the world banking and financial crisis a strong consensus has been built that the lack of transparency and disclosure, which for long had dominated the financial industry, was actually ...

CySEC tackles virtual currencies

CySEC tackles virtual currencies

No matter how hard one tries to ignore the presence of Bitcoin, it appears that the virtual currency is here to stay and it will, for the time being at least, be one of the hot topics to follow in the upcoming months. Binaryoptionswire has decided to shed more light on certain aspects of upcoming Bitcoin related developments, and we have recruited a new team ...

CySEC addresses tax evasion

CySEC addresses tax evasion

With a circular dated 3rd February 2014 and addressed to all the Cyprus Investment Firms, Management Companies and Administrative Service Providers which are regulated in Cyprus, under the title “Serious Tax Offences”, the Cyprus Securities and Exchange Commission (CySEC) continues on its way to a more stringent control over the entities in its ...

Another interesting solution to fulfill the EMIR reporting obligation

Another interesting solution to fulfill the EMIR reporting obligation

We have mentioned time and time again how the start date for the European Market Infrastructure Regulation (EMIR) new reporting rules is fast approaching, as in fact only ten days remain until its coming into force. This means that all European firms which deal with derivatives will have to quickly gain access to tailor made solutions which will provide them ...

Launching of Risk Based Supervision Framework by CySEC

Launching of Risk Based Supervision Framework by CySEC

When Demetra Kalogerou, the Chairwoman of the Cyprus Securities and Exchange Commission was referring to the enormous importance attached to the improvement and modernization of the CySEC itself through substantial simplifications and automations of its operations, as part of her speech during a press conference last week to present the priorities of CySEC for ...

CySEC regulated firms: entries and exits and revised priorities

CySEC regulated firms: entries and exits and revised priorities

The Chairwoman of the Cypriot regulator CySEC gave a press conference last week in which she outlined the priorities of the Commission for 2014 and pledged the regulator’s resolve to “to re-establish Cyprus as a stable, secure and more reliable investment destination.” With reference to the entities under the supervision of CySEC, the Chairwoman announced ...

CySEC on EMIR as reporting obligation is looming

CySEC on EMIR as reporting obligation is looming

We have previously explained how the reporting obligation included in the EMIR affects all counterparties to all derivative transactions, as it includes both financial and non-financial counterparties, it covers all derivative contracts, without exemptions for “non-EEA derivatives” and does not have a threshold below which contracts should not be ...

A closer look at Trade Repositories

A closer look at Trade Repositories

We have previously discussed how under the new provisions of the European Market Infrastructure Regulation (EMIR) one of the key directives is the obligation to report all derivatives contracts to Trade Repositories (TR), which are essentially entities that centrally collect and maintain the records of all derivatives trade related data. Because the main aim ...

A closer look at the European Market Infrastructure Regulation

A closer look at the European Market Infrastructure Regulation

Many analysts have argued that one of the main contributing factors for the recent world financial crisis was the high counterparty and operation risk associated with the over-the-counter (OTC) derivatives market. This view was accepted by the Group of Twenty (G20), who have therefore committed to have all standardised OTC derivatives being mandatory cleared by ...

Resources to Financial trading Authoritative Information

Resources to Financial trading Authoritative Information

As a beginner the world of binary options trading can seem forbidding at first before you properly get to grips with the terminology. The product itself couldn’t be simpler. Pick an asset, decide on whether it will fall or rise in value in the time permitted for the trade, decide how much you would like to invest in the position and off you go. You’re ...