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.
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.
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.
Information letter on compliance by the participants of the financial market with the obligation to provide the Bank of Russia with notifications of the appointment (election) and release (termination of powers) of persons in the management bodies and other officials.