On February 27, 2017, an extraordinary meeting of the Board of the Association of Foreign Exchange Dealers was held (Minutes No. 12 of February 27, 2017), following which a decision was taken to approve the Internal Standard. Conditions for membership in the AFD, including the amount or procedure for calculation, as well as the procedure for payment of the introductory Contribution and membership fees and the Internal Standard. The procedure for conducting an AFD audit of compliance by its members with the requirements of the legislation of the Russian Federation, regulatory acts of the Bank of Russia, basic standards, internal standards and other internal In the new edition.
From April 1, 2017, the monthly membership fee in the AFD will increase, which will amount to 150,000 rubles.
News about Association
The competence of the Committee to monitor the activities of members of the AFD include: Planning and conducting inspections of the members of the AFD, as well as candidates for membership of the AFD in accordance with the procedure established by the internal documents of the AFD; Sending requests and receiving answers from AFD members, […]
The collective of the AFD congratulates colleagues on the coming New Year! This year was marked by the formation of a regulated forex market in the Russian Federation! We are confident that next year licensed forex dealers will be able to start their activities!
Following the meeting of the Board:
1. The Limited Liability Company “Intercom-Audit-L” is appointed by the auditor to check the annual accounting (financial) statements of the AFD.
2. The schedule of inspections of AFD members for 2017 was approved.
Agenda:
1. Definition of the auditor for checking the annual accounting (financial) reporting of the SRO of the AFD.
2. Adoption of the schedule of inspections of SRO members of the AFD for 2017.
On December 22 and 23, 2016 in the SRO of the AFD for the members of the AFD under the leadership of S.P. Soboleva there will be seminars on the topics: IAS 488-P Accounting for derivative financial instruments and IAS 496-P Hedgi
The functions of the Committee for Standards include the development of proposals for the development of financial organizations, the harmonization of the basic standards developed by the SRO forex-dealers.
Extraordinary meeting of the General Meeting of the members of the Association of Forex Dealers on November 22, 2016
November 22, 2016 at 14.30 in the SRO of the AFD will be an extraordinary meeting of the General Meeting of SRO members of the AFD
The Board of the self-regulating organization in the sphere of the financial market uniting the forex dealers of the Association of Forex Dealers (Minutes No. 10 of November 21, 2016) decided to accept the Limited Liability Company “Forex Club” as a member of the SRO of the AFD.
On October 28, 2016, a meeting of the working group on internal accounting and control took place. The meeting discussed the issues of regulatory support for the activities of forex dealers, including reporting issues
Руководителем рабочей группы назначена член Коллегии АФД Елена Кузнецова.
The Board of the self-regulating organization in the sphere of the financial market uniting the forex dealers of the Association of Forex Dealers (Minutes No. 9 of October 24, 2016) decided to accept VTB 24 Forex as a member of the SRO of the AFD.
October 14, 2016 an extraordinary meeting of the Board of the Association of Forex Dealers (Minutes No. 8 of October 14, 2016) was held
October 17, 2016 an extraordinary meeting of the General Meeting of members of the Association of Forex Dealers (Minutes No. 4 of October 17, 2016) was held.
The Central Bank of the Russian Federation accredited the Association of Forex Dealers (AFD) as a self-regulating organization of forex dealers.
On the website of the Bank of Russia, Bank of Russia Ordinance No. 548-P dated August 19, 2016 “On the procedure for calculating the equity of professional participants in the securities market, as well as job seekers of a professional participant in the securities market” was published.
The Bank of Russia published the Instruction of the Bank of Russia No. 4005-U of April 27, 2016 “On approval of the basic qualifying examination program for financial market specialists”.
This instruction for the first time contains a separate topic on the activities of the forex dealer, in particular, the specifics of carrying out the activities of the forex dealer, the requirements for forex dealers, including those related to protecting the rights of clients.
The Association of Forex Dealers sent a greeting to the winners and organizers of the Regional competition of financial journalism “The Rublevaya Zona”
The AFD Board (Minutes No. 2 of 01.04.2016) decided to accept the Limited Liability Company Finam FOREX as a member of the Association of Forex Dealers.