Fazzaco’s Post

We adhere to stringent regulatory standards to ensure the security and protection of our clients. FxGrow is regulated from the Cyprus Securities and Exchange Commission and Governed by the Markets in Financial Instruments Directive. Learn more about the regulations and standards we follow👇 https://lnkd.in/dZYEUxNF #FxGrow #Finance #Economics #Investment #GoldTrading #Forextrading #MT5

Today Fazzaco learned that Australia's financial regulator, the Australian Securities and Investments Commission (ASIC), announced the cancellation of FXOpen AU Pty Ltd's financial services license. #ASIC #FXOpen #FinancialServicesLicense #RegulatoryAction #AustraliaFinance #CFDTrading #ComplianceIssues #FinancialRegulation #LicenseCancellation #BrokerageCompliance

Read in the SAFE Regulatory Radar in April 2024 about: 🟩 New "daisy chains" directive amending the Bank Recovery and Resolution Directive and the Single Resolution Mechanism Regulation 🟩Finalized rules on crypto-asset service providers #MiCA 🟩New final Guidelines on the group capital test for investment firm groups 👉Read more: https://lnkd.in/eheJ9v6x #regulation

📢 The CySEC - Cyprus Securities and Exchange Commission has successfully launched the #Regulatory #Sandbox during an online event held today. This initiative marks a significant milestone in the advancement of #financial, #regulatory, and #supervisory technologies (FinTech, RegTech, and SupTech) in Cyprus. #innovation #regulatory #sandbox #supervision #cysec #cyprus

In its response to the European Securities and Markets Authority (ESMA)'s call for evidence (CfE) on the review of the UCITS Eligible Assets Directive, the Federation of European Securities Exchanges (FESE) has stated its belief that a more flexible approach to the directive could improve market liquidity and the attractiveness of EU markets. #Trading #Markets #CapitalMarkets #Regulation #UCITS #IndustryOpinion #GlobalTrading https://lnkd.in/ef5V2uKA

🚩 Attention to Cyprus Investment Firms (CIFs), Central Securities Depositories, Trading Venues, Alternative Investment Fund Managers (AIFMs), UCITS Management Companies (UCITS) 📣 CySEC issued the Circular C668 to inform Financial Entities for an upcoming workshop on 18/12/2024 initiated by the European Supervisory Authorities (EBA, EIOPA, ESMA) on how the Financial Entities should prepare their registers of information under Digital Operation Resilience Act (DORA). Read More 👇 https://lnkd.in/dasHsMcv #financialentities #cyprusinvestment #DORA #funds #depositaries #tradingvenue #reporting #digitaloperation #workshop

On Monday, Hong Kong Exchanges and Clearing Limited (HKEX) revealed that its clearing subsidiary, OTC Clearing Hong Kong Limited (OTC Clear), will start accepting China Government Bonds and Policy Bank Bonds as collateral for Northbound Swap Connect from January 13, 2025. The firm said the enhancement will let offshore investors use these bonds, which are held through Bond Connect, to meet initial margin requirements for Northbound Swap Connect. https://lnkd.in/eUbbzH8r

CryptoCAP : currency, asset, platform. . . worldwide CASH network since 1999 H.R. 2274 (2013) the law 2274 SYNDICATE | #2Hip4Broadcast the reaction to project 2025 #365BLK2274

📣Attention Financial Institutions!🚀  Struggling with EMIR Refit compliance? We've got you covered! Introducing our game-changing EMIR Refit solution, designed to streamline your derivatives trade reporting process and keep you ahead of regulatory requirements. Say goodbye to manual headaches and hello to automated efficiency. Discover how Reg-X Innovations can transform your EMIR reporting today.  #EMIRRefit #RegulatoryCompliance #FinancialInstitutions #TradeReporting #Innovation #RegXInnovations

[📆 Capital Markets' #Chronicle] 28 September 1970: Creation of Cedel International (Clearstream), an International Central Securities Depository (ICSD) 📈 On this day, 54 years ago, Cedel International (Centrale de Livraison de Valeurs Mobilières) was founded in Luxembourg by 66 financial institutions from 11 countries, to reduce the costs and risks of settling securities in the Eurobond market.  ➡️ Following its merger with Deutsche Börse Clearing AG on 17 January 2000, it became Clearstream International S.A., a provider of settlement services for domestic and international securities transactions and the custody of securities. ➡️ Together with Euroclear (based in Belgium), Clearstream is one of the two international central securities depositories (ICSDs) located in the European Union and used for the Eurobond market, alongside domestic CSDs that were initially set up to serve their domestic market (e.g. OeKB CSD GmbH in Austria, Euroclear France S.A. in France, Clearstream Banking AG in Germany, Monte Titoli in Italy, Iberclear in Spain, etc.). ➡️ The core services provided by CSDs include (i) the initial registration of securities in a book-entry system to ensure that the number of securities created is at all times equal to the total number of securities in circulation ("notary service"), (ii) the provision and maintenance of securities accounts at the top tier level, for example to process corporate actions such as interest payments ("central maintenance service") and (iii) the operation of a securities settlement system to enable the settlement of securities transactions ("settlement service"). Central Securities Depositories (CSDs), together with Central Counterparties (CCPs), play an important role in maintaining the post-trade infrastructures that safeguard financial markets and provide market participants with confidence that securities transactions are executed in an orderly and timely manner. 📜 Due to their systemic importance for the functioning of securities markets, CSDs are regulated in the European Union in particular by Regulation (EU) No. 909/2014 of 23 July 2014 on improving securities settlement in the European Union and on central securities depositories (the Central Securities Depositary Regulation - CSDR). #capitalmarkets #CSD #Clearstream