Forex Regulation

 


Anguilla Financial Services Commission (AFSC)

Address: P.O.Box 1575, The Valley, Anguilla, British West Indies
Tel: 1 264 497 5881
Fax: 1 264 497 5872
Email: info@fsc.org.ai
Working Hours: Monday to Friday: 8.00am to 4.00pm
Website: www.fsc.org.ai
Established in 2003 by the enactment of the Financial Services Commission Act on 26th November 2003 and commenced operations on 2nd February 2004, AFSC monitors compliance and supervises granting of financial services licenses in accordance with legislation, regulations and codes.


Australian Securities and Investment Commission (ASIC)

Address: P.O BOX 4000, Gippsland Mail Centre Victoria 3841
Tel: + 61 3 5177 3988(outside)/ 1300 300 630 (inside)
Fax: (03) 5177 3999
Email: feedback@asic.gov.au
Website: www.asic.gov.au

As an Independent Commonwealth Government body, ASIC contributes to Australia’s economic reputation by promoting and ensuring fairness and transparency in the financial system and entities in it.


Autorite des marches financiers (AMF)

Address: Autorité des marchés financiers 17, place de la Bourse 75082 PARIS CEDEX 02
Tel: +33 1 5345 6000
Fax: +33 1 5345 6100
Website:: www.amf-france.org

AMF regulates corporate finance activities and disclosure, authorized the creation of open end and close-end funds.


Bangladesh Securities and Exchange Commission

Address: Jiban Bima Tower (14th, 15th, 16th & 20th Floor). 10, Dilkusha Commercial Area. Dhaka 1000, Bangladesh.
Tel: 880-2-9568101-2, 9561525
Fax: 880-2-9563721
Email: secbd@bdmail.net
Website: www.secbd.org

Established on 8th June, 1993, BSEC ensures proper issuance of securities, compliance with operating laws and expunging unfair trading practices in the market.


Banque de France

Address: 31 rue Croix des petits champs 75001 PARIS France
Tel: + 33 (0)1 42 92 39 08
Email: infos@banque-france.fr
Website: www.banque-france.fr

They Strive to maintain financial stability by evolving fair monetary policies.


Banque Du Liban

Address: Banque du Liban Masraf Lubnan Street Beirut – Lebanon
Tel: +961 1 750000
Website: www.bdl.gov.lb

BDL is an independent legal entity whose function is to safeguard money and economic stability and financial markets.


BVI Financial Services Commission (FSC of BVI)

Address: Pasea Estate P.O. Box 418 Road Town, Tortola, VG 1110 British Virgin Islands
Tel: 284-494-1324 or 284-494-4190
Fax: 284-494-5016
Email: webmaster@bvifsc.vg
Working Hours: Monday-Friday 8:30a.m. – 4:30p.m.
Website: www.bvifsc.vg

The BVI Financial Services Commission is the single regulatory body that not only issues certificates for financial operations but also responsible for the registration of companies, patent issuance and establishment of Limited Partnership.

Canadian Regulatory Agencies

Regulation in Canada is somewhat different from the pattern seen in major economies in the world. To have a license or to operate a Forex company you need to register in the desired province.

British Columbia Securities Commission (BCSC)

Address: 701 West Georgia Street P.O. Box 10142, Pacific Centre Vancouver, B.C. V7Y 1L2
Email: inquiries@bcsc.bc.ca
Telephone: 604-899-6854 or 1-800-373-6393
Fax: 604-899-6506
Working Hours: 8:30am to 4:00pm, Monday to Friday
Website: www.bcsc.bc.ca

Through the administration act they regulate all trading instruments/products in British Columbia Markets.

Canadian Investor Protection Fund (CIPF)

Address: 79 Wellington Street West Suite 610, P.O. Box 75 Toronto, Ontario M5K 1E7
Telephone: 416 866 8366
Fax: 416 360 8441
Email: info@cipf.ca
Website: www.cipf.ca

CIPF ensures tight security and boost confidence of the Canadian investment dealers through provision of resources to eligible customers in cases of insolvency.

Financial Transactions and Reports Analysis Center of Canada (FINTRAC)

Address: 24th floor, 234 Laurier Avenue West Ottawa ON K1P 1H7 CANADA
Email: guidelines-lignesdirectrices@fintrac-canafe.gc.ca
Telephone: 1-866-346-8722 (toll free)
Fax: 613-943-7931
Website: www.fintrac.gc.ca

FINTRAC is an independent regulatory body that combats money laundering activities and prevents the transfer of funds aimed at sponsoring terrorism.

Investment Industry Regulatory Organization of Canada (IIROC)

Address: Suite 2000, 121 King Street West Toronto, Ontario, M5H 3T9
Tel: (416) 364-6133
Fax: (416) 364-0753
Email: InvestorInquiries@iiroc.ca
Website: www.iiroc.ca

IIROC Strengthens market integrity by overseeing all investment traders and trading.

Ontario Securities Commission (OSC)

Address: 20 Queen Street West, Suite 1903 Toronto, ON M5H 3S8
Tel: 416-593-8314
Fax: 416-593-8122
Email: inquiries@osc.gov.on.ca
Working Hours: Monday to Friday, 8:30 a.m. to 5:00 p.m. (Eastern Time)
Website: www.osc.gov.on.ca
OSC functions to restore investor confidence and weed out all fraudulent activities in the capital markets.


Capital Markets Authority (CMA) Kenya

Address: Embankment Plaza, 3rd Floor Longonot Road, off Kilimanjaro Avenue, Upperhill
Tel: +254 20 2264900
Fax: +254 20 2228254
Email: corporate@cma.or.ke
Website: www.cma.or.ke

Kenya CMA has prinicipal responsibility of licensing, supervising and monitoring the activities of market intermediaries.


Central Bank of Ireland

Address: Central Bank of Ireland PO Box 559 Dame Street Dublin 2
Tel: +353 1 224 6000
Fax: 53 1 671 6561
Email: enquiries@centralbank.ie
Website: www.centralbank.ie

Instead of a regulatory body, the Central Bank of Ireland is a unitary body that controls both the banking system and the financial regulation.


China Securities Regulatory Commission (CSRC)

Address: Focus Place 19,Jin Rong Street,West District Beijing 100033
Tel: (0898) 66515232, 66515238
Fax: 010-66210205
Email: consult@csrc.gov.cn
Website: www.csrc.gov.cn

CSRC regulates China’s securities and Futures markets with the objective of enforcing legitimate operation in an orderly fashion.


Commodities and Futures Trading Commission (CFTC)

Address: Commodity Futures Trading Commission, Three Lafayette Centre,1155 21st Street, NW,Washington, DC 20581 Tel: 202-418-5000
Fax: 202-418-5521
Email: Questions@cftc.gov
Website: www.cftc.gov
Created by congress in 1974, CFTC is an autonomous agency vested with powers to commodity futures and options in the United States.


Commissione Nazionale per le Società e la Borsa (CONSOB)

Address: Via Giovanni Battista Martini, 3 – 00198 Rome
Tel: +39 06 84771
Fax: +39 02 89010696
Website: www.consob.it

The aim is to provide comprehensive framework for compliance related issues.


Comissão do Mercado de Valores Mobiliários (CMVM)

Address: Rua Laura Alves, 4 1050-138 Lisbon
Tel: (351) 21 317 70 00
Fax: (351) 21 353 70 77
Email: cmvm@cmvm.pt
Website: www.cmvm.pt

CMVM  grants registration for individuals and monitors compliance and punishes the defaulters through imposition of fines.


Croatian Financial Services Supervisory Agency (CFSSA)

Address: Miramarska 24b, 10000 Zagreb, Croatia
Tel: 01 6173 200
Fax: 01 4811 406
Email: info@hanfa.hr

Controlled by the Croatian Parliament, CFSSA supervises business operations of the stock market and public markets.


Cyprus Securities and Exchange Commission (CySEC)

Address: 32 Stasikratous Street, 4th Floor 1065 Nicosia
Tel: + 357 22 506 600
Fax: + 357 22 754671
Email: info@cysec.gov.cy
Website: www.cysec.gov.cy

CySEC regulates stock and Forex trading market in Cyprus.


Czech National Bank (CNB)

Address: Na Príkope 28 115 03 Praha 1 ICO 48136450
Tel: +420 224 411 111
Fax: +420 224 412 404
Email: cru.svyp@cnb.cz
Website: www.cnb.cz

Czech National Bank is the Central Bank of Czech located in Prague that controls financial systems.


Danish Financial Supervisory Authority (Danish FSA)

Tel: +45 33 55 82 82
Fax: +45 33 55 82 00
Email: Finanstilsynet@ftnet.dk
Working Hours: Monday-Thursday 9.00-16.00
Website: www.dfsa.dk

Danish FSA supervises compliance, prepares financial legislation and issues securities.


Hungarian FSA (HFSA)

Address: H -1013 Budapest, Krisztina krt.39
Tel: (36-1) 4899-100
Fax: (36-1) 4899-102
Email: komar.andras@pszaf.hu
Website: www.pszaf.hu

HFSA is the independent constitutional body that strengthens public trust and enforces orderliness in the financial intermediary system.


Hong Kong Securities and Futures Commission (SFC)

Address: 35/F, Cheung Kong Center 2 Queen’s Road Central, Hong Kong
Tel: (852) 2231 1222 Press 3
Fax: (852) 2521 7836
Email: enquiry@sfc.hk
Website: www.sfc.hk

SFC Strives to make Hong Kong stand out as a major financial centre in China and ensures sanctity in Securities and Future market operations.


Eastern Caribbean Securities Regulatory Commission (ECSRC)

Address: ECCB Financial Complex, P.O. Box 1855, Basseterre St. Kitts
Tel: (869) 465-2537
Fax: (869) 465-7512
Email: info@ecsrc.com
Website: www.ecsrc.com

The ECSM protects investors, promotes market efficiency, and facilitates the dealing in securities in eight English speaking territories in the Eastern Caribbean namely Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, St Kitts and Nevis, St Lucia, and St Vincent.


Estonia The Financial Supervision Authority (FINANTSINSPEKTSIOON)

Address: Sakala 4, 15030 Tallinn Estonia
Tel: + 372 668 0500
Fax: + 372 668 0501
Email: info@fi.ee
Website: www.fi.ee

The Financial Supervision Authority exercises supervision on insurance companies, insurance intermediaries, investment firms, electronic institutions and securities market.


Federal Financial Supervisory Authority (BaFin)

Address: Postfach 1253 53002 Bonn
Tel: +49 (0)228 29970299
Fax: 0228 / 4108 – 1550
Website: www.bafin.de
Boffin is a German regulatory body that monitors stock exchange market and enforces compliance regulation.


Financial Supervision Commission (FSC Bulgaria)

Address: 1303 Sofia, 33 Shar Planina Str.
Tel(Toll Free) : +3592 94 04 999
Fax: +3592 829 43 24
Email: bg_fsc@fsc.bg
Website: www.fsc.bg

The mission of the Financial Supervision is to facilitate the stability and openness in the non-banking sector and protection of consumer products and services.


FIN-FSA in Finland

Address: The Finnish Financial Supervisory Authority, P.O. Box 103, FI-00101 Helsinki, Finland
Tel: +358 10 831 5339
Fax: +358 10 831 5328
Email: kirjaamo(at)fiva.fi
Website: www.finanssivalvonta.fi
They consolidate financial sector and ensure smooth operation for pension institutions, credit operations and other supervised entities.


The Financial Services and Markets Authority (FSMA) Belgium

Address: Rue du Congrès/Congresstraat 12-14 1000 BRUSSELS
Telephone: +32(0)2 220 52 11
Fax: +32(0)2 220 52 75
Email: people@fsma.be
Website: www.fsma.be/en

The Financial Services and Markets Authority takes responsibility for the integrity of the financial markets and ensures professional treatment of financial consumers.


Iceland The Financial Supervisory Authority (FME)

Address: Hofdatun 2, 105 Reykjavik
Tel: +354 520 3700
Fax: Fax +354 520 3727
Email: Fax +354 520 3727
Website: www.fme.is

FME is a regulatory organisation endowed the task of supervising financial enterprises.


International Financial Services Commission, Belize

Address: Sir Edney Building, Belmopan, Belize C.A.
Tel: (501) 822-3800,2152,2169
Fax: (501) 822-3810
Website: www.ifsc.gov.bz

The International Financial Services Commission seeks to protect and promote Belize as an international offshore financial services center and issues compliances for international financial services.


Japan Securities Dealers Association (JSDA)

Address: 1-5-8, Kayaba-cho, Nihombashi, Chuo-ku, Tokyo 103-0025>
Tel: 03-3667-8537
Email: international@wan.jsda.or.jp
Website: www.jsda.or.jp

JSDA as a self-regulatory agency which extensively regulates market intermediaries in Japan.


Luxemburg Commission de Surveillance du Secteur Financier (CSSF)

Address: Commission de Surveillance du Secteur Financier
Tel: (352) 26 25 1 – 1
Email: direction@cssf.lu
Website : www.cssf.lu

The CSSF ensures that financial entities strictly complies with laws and regulation.


Latvia The Financial and Capital Market Commission (FCMC)

Address: Kungu Street 1, Riga, LV 1050, LATVIA
Tel: (+371) 67774800
Fax: (+371) 67225755
Email: fktk@fktk.lv
Website: www.fktk.lv

FCMC fights terrorist financing, money-laundering and ensures customer protection in Latvia.


Malta Financial Services Authority (FSA in Malta)

Address: Address: Notabile Road, Attard BKR 3000, Malta
Tel: +356 21 441 155
Fax: +356 21 441 188
Website: www.mfsa.com.mt

MFSA is the single regulation in Malta that supervises financial sector – credit institution, securities, electronic money institution.


New Zealand Financial Markets Authority (FMA)

Address: Level 5, Ernst & Young Building2 Takutai Square, Britomart, Auckland
Tel: (09) 300 0400
Fax: (09) 300 0499
Website: www.fma.govt.nz

FMA oversees financial reports and security instruments for financial markets. It’s the New Zealand’s single regulatory body.


Securities and Exchange Board of India (SEBI)

Address: Plot No.C4-A,’G’ Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051
Tel: +91-22-26449000 / 40459000
Fax: +91-22-26449019-22 / 40459019-22
Email: sebi@sebi.gov.in
Website: www.sebi.gov.in

The basic function is to protect investor’s interest and to promote development in securities.


Polish Financial Supervision Authority (PFSA)

Address: Komisja Nadzoru Finansowego Plac Powstanców Warszawy 1 00-030 Warszawa
Tel: (+48 22) 262 50 00
Fax: + 48 22) 262 51 11
Email: knf@knf.gov.pl
Website: www.knf.gov.pl

PFSA sees the developments of the financial markets, market supervision while raising the overall market competitive index.


Securities and Exchange Commission of Pakistan (SECP)

Address:National Insurance Corporation Building, Jinnah Avenue, Islamabad-44000, Pakistan
Tel: +92-51-9207091-4
Email: enquiries@secp.gov.pk
Website: www.secp.gov.pk

SECP strives to develop a robust framework for regulation of corporate and banking sector and insurance services. They foster social integration and business harmony aimed at representing Pakistan as a financial center.


Securities Commission Malaysia

Address: 3, Persiaran Bukit Kiara Bukit Kiara 50490 Kuala Lumpur
Tel: 603-6204 8777
Fax: 603-6201 5078
Email: cau@seccom.com.my
Website: www.sc.com.my

SCM has powers to issue licenses and to supervise the licensed person for administrative misconduct.

Securities & Exchange Commission Nigeria

Address: SEC TOWERS, Plot 272, Samuel Adesujo Ademulegun Street, Central Business District
Tel: 234-9-6330000
Fax: 234-9-2346276
Email: sec@sec.gov.ng
Website: www.sec.gov.ng

Supervised by the Ministry of Finance, SEC Nigeria has a duty to develop the capital market and protect investors.


Securities and Exchange Commission of Pakistan (SECP)

Address:National Insurance Corporation Building, Jinnah Avenue,Islamabad-44000, Pakistan
Tel: +92-51-9207091-4
Email: enquiries@secp.gov.pk
Website: www.secp.gov.pk

SECP strives to develop a robust framework for regulation of corporate and banking sector and insurance services. They foster social integration and business harmony aimed at representing Pakistan as a financial center.

State Committee for Securities (Azerbaijan)

Address: Bülbül prospekti 19, AZ1000 Baki / Az?rbaycan
Tel:  (994 12) 4935058
Fax: (994 12) 5982559
Email: office@scs.gov.az
Website: www.scs.gov.az

State Committee for Securities issues licenses and protects the right of investors by creating a healthy competitive environment.


Superintendencia de Mercado de Valores – The Securities Market Superintence (SMV)

Address: Panama, Panama City, Balboa Ave, Bay Mall Building 2nd Floor Office 206
Tel: (507) 501-1700
Fax: (507) 501-1709
Email: info@supervalores.gob.pa
Website: www.supervalores.gob.pa

They supervise market activities in the Republic of Panama with concentration on promoting all legal entities for market participants.


UK Financial Services Authority (FSA UK)

Address: 25 The North Colonnade, Canary Wharf, London E14 5HS
Tel: (+44) 20 7066 1000
Fax: 020 7676 9723
Email: cp118@fsa.gov.uk
Website: www.fsa.gov.uk

As the self-funding financial regulator in the UK, FSA focuses on promoting fair and efficient financial markets. FSA has been broken into two distinct bodies – Financial Conduct Authority (FCA ) and   Prudential Regulatory Authority (PRA)


UAE

Dubai Financial Services Authority (DFSA)

Address: Level 13, West Wing, The Gate, DIFC
Tel: +971 (0)4 362 1500
Fax: +971 (0)4 362 0801
Email: info@dfsa.ae
Website: www.dfsa.ae

The DFSA is the independent regulator of all financial and ancillary services conducted through the DIFC, a purpose-built free-zone in Dubai.

Emirates Securities and Commodities Authority (SCA)

Address: Hamdan Street – AL Gaith Tower -13th Floor
Tel: (+971 2) 6277888
Fax: (+971 2) 6274600
Email: Contactus@sca.ae
Website: www.sca.ae

It formulates regulations for UAE market and ensures excellence in service delivery to all parties involved.


The Hellenic Capital Market Commission (HCMC)

Address: Hellenic Capital Market Commission 1 Kolokotroni & Stadiou Str., 105 62 Athens, Greece
Tel: (+30) 210 33.77.100
Website:www.hcmc.gr

HCMC implements rules and guidance and check administrative errors in the market environment.


The Federal Service for Financial Markets Russia

Address: GSP-1, Moscow, Leninsky Prospect, 9.
Tel: (495) 935-87-90
Fax: 495) 935-87-91
Email: (+4-021)326.68.48
Website: www.ffms.ru

FFMS exercises adoption regulations, control and supervision in the financial markets.


The Financial Market Authority Liechtenstein (FMA)

Address: Financial Market Authority Liechtenstein Landstrasse 109
Tel: T +423 236 73 73
Fax: F +423 236 73 74
Email: info @fma-li.li
Website: www.fma-li.li

FMA has been vested with powers to prosecute the abuse while strictly implementing measures for client protection and intimidation.


The Financial Supervisory Authority of Norway Finanstilsynet

Address: Revierstredet 3 1187 Sentrum NO-0107 Oslo
Tel: +47 22 93 98 00
Fax: 22 63 02 26
Email: post@finanstilsynet.no
Website: www.finanstilsynet.no

Finanstilsynet creates stability in the market and make contracts agreements are honoured to raise investor confidence.


The Financial Supervision Commission (FSC) Isle of Man

Address: PO Box 58 Finch Hill House Bucks Road Douglas
Tel: 01624 689300
Fax: 01624 689399
Email: fsc@gov.im
Website: www.fsc.gov.im

FSC Isle of man combats financial crime, uplifts the image of the island as a financial centre and secures a reasonable degree of protection to customers.


The Israel Securities Authority (ISA)

Address: 22 Kanfei Nesharim St., Jerusalem
Tel: 02-6556555
Fax: 02-6513646
Email: webmaster@isa.gov.il
Website: www.isa.gov.il

ISA oversees the fair management of secondary markets and grants licenses to investment advisers and investment marketing agents.


The Lithuanian Securities Commission, Bank of Lithuania

Address:Totoriu str. 4, 01121 Vilnius
Tel: +254 20 2264900
Fax: +370 5 268 0038, 212 1501
Email: n…@lb.lt
Website: www.bdl.gov.lb

The mission is to preserve the integrity of the state’s monetary,credit payment systems. They ensure maximum efficiency in financial sectors which is required for economic development.


Other Regulatory Bodies

  • Seychelles International Business Authority (SIBA)
  • Seychelles Licensing Authority (SLA)
  • Singapore Exchange (SGX)
  • National Bank of Slovakia (NBS)
  • Financial Supervisory Commission
  • Securities and Exchange Commission of Sri Lanka
  • Swedish Financial Supervisory Authority (Swedish FSA)
  • Association Romande des Intermediares Financiers (ARIF)
  • Swiss Financial Market Supervisory Authority (FINMA)
  • The Capital Markets and Securities Authority (CMSA) Tanzania
  • Securities and Exchange Commission, Thailand
  • Capital Markets Board – SPK Turkey

International Organizations

  1. EU Commission ec.europa.eu
  2. Deloitte
  3. Ernst & Young (E&Y)
  4. Financial Markets Association (ACI)
  5. KPMG