Global Regulatory Entities

The Financial and Capitals Market Commission is an independent regulatory entity set up in Latvia in 1997. The company works mainly on financial and capital markets. The FCMC ensures the financial stability of the markets of Latvia and strives to protect the interest of its investors, depositors, and insured persons. Thus, the company makes people’s lives easier while keeping in mind what is good for the markets. About the company It is an autonomous institution, and its primary aim is to carry out the banks’ mission, credit unions, insurance companies and insurance brokerage companies, and participants of the financial instruments market in Latvia. In addition, the FCMC is also responsible for private pension funds, payment institutions and electronic money institutions.

Internationally, the Monetary Authority of Singapore (MAS) has long been considered the gold standard of sustainable finance. MAS is more than just a bank that prints money. It also serves as the Singapore Central Bank. FinTech (finance and technology) professionals need to be familiar with MAS. Singapore’s financial centre reputation is well-known thanks to MAS’s work and maintaining global economic growth. What is the Monetary Authority of Singapore (MAS?) MAS Singapore was established in 1971 to coordinate and communicate across government departments. SG MAS serves as the central authority for monetary policy in the city-state. Since its founding, MAS has sought to achieve sustained economic growth, focusing on non-inflationary growth. The mission of Singapore Bank is to become an international

The IFSC refers to the International Financial Services Commission as an agency of the Belize government responsible for financial regulation. The main functions of IFSC include market participation, exchanges and settlement, and enforcement of financial regulation. It is highly popular in trade markets because many online brokers of forex receive their international license from IFSC. The international financial services commission is also working to regulate the non-banking sector of the Belize economy. This company was established in 1999 under the International Financial Services Commission Act (IFSCA), and it also includes representatives from many sectors (both public and private). The act of the International Financial Services Commission was enacted to oversee the growing offshore sector in Belize. The IFSC Belize is

The Polish Financial Supervision Authority is known as PFSA. However, it is commonly known as the Polish Financial Supervisory Authority (Financial Supervisory Authority). This organization is a reputable and honest financial regulator in Poland. They supervise the banking sector, insurance companies, capital markets, pension schemes, and electronic money institutions. History KNF began working on 19 September 2006. As a result, the Commission inherited the Insurance and Pension Funds Supervisory Commission and the Securities and Exchange Commission (Poland). As part of KNF’s expansion, KNF became the Polish financial supervisor in 2008. The Polish FSA has taken over all the Commission for Banking Supervision and the General Inspectorate of Banking Supervision. As a watchdog, the FSA serves as a single point of

The CMA started operating informally in the ’50s and kept on working effectively until, in the ’80s, Saudi Arabia set the CMA’s fundamental guidelines. Thus, the current CMA Law is declared and, as per Royal Decree No. (M/30) dated 2/6/1424H, officially bringing the CMA into existence. The CMA is a government association stating complete financial, legal, and administrative independence. The CMA is in direct correspondence with the Prime Minister. Purpose of CMA The CMA’s roles are to manage and foster the Saudi Arabian Capital Market by stating essential rules and regulations for carrying out the requirements of Capital Market Law. The core purpose of CMA is to establish a proper investment environment, enhance confidence, and support straightforwardness and divulgence guidelines

The Johannesburg Stock Exchange (formerly known as the JSE Securities Exchange) is the largest in Africa. Since 2000, it has been located in Sandton, Johannesburg, South Africa, after moving from downtown Johannesburg. According to the JSE website, there were 473 listed companies, and the market capitalisation was $182.6 billion. There was also a monthly average traded value of $6.399 billion. The JSE estimates the company’s market capitalisation at $1005 billion as of August 2020. The JSE offers investors free access to regulated markets where they can trade securities. In addition, by investing in the financial system, investors receive dividends. The Exchange provides a means of raising primary capital by reinvesting cash resources into productive economic activities. Furthermore, this boosts the

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

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

Korean FSC Regulatory Entity (The Financial Services Commission -Korea) is a government-run organisation responsible for financial policy and regulatory supervision. The Securities and Future Commission (SFC) and subordinate bureaus carry the FSC’s respective roles. FSC History Following the Asian financial crisis in the year 1997, Korea’s financial supervision structure experienced significant adjustments. As a result, the Financial Supervisory Commission was established in April of 2008 as an integrated supervisory agency with financial supervision authority across all financial sectors to provide effective and efficient supervision of all financially related sectors. On February 29, 2008, the Financial Supervisory Commission was reformed into the present-day Financial Services Commission (FSC), incorporating the previous Ministry of Finance and Economic’s Financial Policy Bureau. FSC Role The

AMF, the Autorite des Marches Financiers, also known as a financial market authority, is a public regulatory entity. AMF regulatory entity is responsible for the supervision of the operations that occur in the financial market. In addition, it ensures the protection of investor’s investment savings and provides them adequate information about their financial product. The AMF was established under the Financial Security Act of 2003 as an independent entity that regulates France’s financial industry. The formation of AMF has occurred in the replacement of three French financial regulatory bodies that are the Conseil des Marches (CMF), the Commission des Operations de Bourse (COB) and the Conseil de Discipline de la Gestion Financiere (CDGF). The AMF is funded through the fees