Global Regulatory Entities

The Financial Services and Markets Authority is the main agency for financial regulation in Belgium. As a supervisory body, FSMA works to provide an unbiased and transparent financial market. Furthermore, it ensures that all financial consumers are treated fairly. In addition to that, the Financial Services and Markets Authority makes sure that the companies involved provide complete and correct information. It is crucial for keeping the financial markets in order. Moreover, setting financial laws and ensuring their compliance is a part of FSMA’s duty as well. It supervises financial products, supplementary pensions, and financial service providers and works to educate financial consumers. FSMA mission FSMA aims to establish a strong and reliable financial market system in Belgium. Furthermore, the regulatory body aspires

The Financial Market Participants Relations Regulation Commission, KROUFR, is a non-profit regulatory organisation. Its activities are intended for developing services for the Russian participants in financial markets. In addition, it’s an organisation that directly regulates relations between participants in financial markets. The KROUFR was founded in 2003 when Russia needed an organisation to provide the regulatory framework of the International Financial market. It is governed by the Commission, which has the President as its head. It also has a Board of Directors responsible for granting licenses to eligible candidates. History of KROUFR Approximately thirty years ago, the development of trading on the financial market started in Russia. Large numbers of traders and brokers were found to conduct business in the

CBCS is the “Central Bank of Curaçao and St. Maarten (the Central Bank).” The CBCS (Centrale Bank van Curaçao en Sint Maarten) Regulatory Entity plays a crucial role in maintaining the external stability of the Netherlands Antillean Guilder (ANG). Plus, it even promotes an efficient and transparent system within the financial market of St. Maarten as well as Curaçao. The Central Bank of Curaçao and St. Maarten also play a significant role in regulating and supervising the financial sector. Their main objective is to develop the financial market in Curaçao and St. Maarten. Generally, they perform their task within a supervisory framework consisting of monetary supervision and business economic supervision. How does the CBCS regulatory body work? In Curaçao and

FINMA stands for Swiss Financial Market Supervisory Authority. As a federal supervisory authority, it ensures correct compliance with financial regulations in any organization that operates in Switzerland. As a regulatory body, FINMA was established in 2007 to address all the concerns associated with money laundering. It is even empowering to improve the global financial economy of Switzerland through the collaboration of three major bodies. Those three bodies are The Federal Office of Private Insurance and AML Control Authority, and third is the Swiss Banking Commission. In short, this regulatory is working as a watchdog. It cooperates with the rest of the financial sectors against any acts of terrorism or illicit crimes. Introduction about FINMA FINMA is performing a role where

FC stands for Financial Commission, which is an independent international body for brokers and traders. Certain disputes arising in the trading market are being handled by an external dispute resolution mechanism. As part of its mission, this organisation’s body assists brokers and traders in resolving disputes between clients and providers of financial services.  They act as a third-party organisation to resolve all conflicts. Using a process that is simpler and quicker, the Commission is fully aiming to resolve all complaints. The company won’t raise any issues with the legal system or industry regulators. All traders will be helped to resolve their disputes in an unbiased and transparent manner. Aside from that, the Commission also aims to improve the client’s understanding

By reflecting all the developing funds, FFAJ started working in 1989. FFAJ is an abbreviation for the Financial Futures Association of Japan. This organization was established under the authorization of the Finance Minister according to the Financial Futures Trading Law promulgated in 1988. FFAJ’s main aim is to ensure that investors are protected. Thus, it contributes towards the sound and stable growth of financial futures industries. Moreover, it contributes to the massive rise of futures trading through proper business management within financial futures firms. Introduction By 2020, The FFAJ has 147 member organizations, and it is following its mission as a self-regulatory organization. It merely works for the financial instrument companies and all those registered institutions that operate as financial

The Office of the Commissioner of Financial Institutions of Puerto Rico (OCIF) is the regulatory agency under the Department of Treasury, Puerto Rico, which oversees and controls the country’s financial sector and ensures that financial transactions within the territory are in compliance with the laws and regulations. OCIF Mission The main goal of OCIF is to control, regulate and supervise the financial structure sector of Puerto Rico, to compete in the global market, and help in the development of the social-economic sector of the country and protect the public interest. OCIF Vision Establishing a quick, updated, and adaptable financial policy for the public that guarantees equality and balance between the interests of financial customers, depositors, shareholders, and investors. OCIF History

SEC stands for US Securities and Exchange Commission, an independent regulatory agency supervised by the federal government. A major role of this agency is to protect investors and maintain an orderly environment for the functioning of the securities markets. The SEC also facilitates capital formation. As the first federal regulator of securities markets, the SEC began working in 1934, when Congress established it. The SEC aims to promote a complete public disclosure to protect the investors from any forms of manipulation within the market. Moreover, it monitors the corporate sector in the US and approves the registration statements for the book-runners in the middle of underwriting firms. Four major divisions of SEC regulatory entity The four main divisions of SEC

FINRA stands for “Financial Industry Regulatory Authority”. The US Securities and Exchange Commission is responsible for protecting investors from financial crime. Their goal is to establish and oversee general rules of regulation to achieve this goal. Thus, they follow the guidance that regulates US broker-dealers’ industry and trading of all financial assets. Structure of FINRA FINRA began operating in 2007. It was formed through the consolidation of the National Association of Securities Dealers (NASD) and serves as the New York Stock Exchange (NYSE). In this consolidation, the dealers and brokers have been governed by a single authority. Thus, it even removes the overlap between two different organizations. FINRA is one of the largest non-profit, non-governmental and self-regulatory organizations in the

SFSA stands for Seychelles Financial Services Authority. This regulatory entity supervises non-bank financial services located in Seychelles. The Financial Services Authority Act (2013) coordinates its activities. SFSA has a wide range of functions and responsibilities to perform while continuously regulating financial services. We all know that Seychelles is the main destination for performing offshore financial services. And therefore, numerous capital market companies make their way to this destination for high growth. SFSA has a major role to play in the sector of non-bank financial services. According to the official website, Seychelles is positioning itself to become a leading centre of financial services. By developing and applying sound regulations, this is made possible. To facilitate the growth of non-bank financial services,