Global forex regulatory authorities

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NBRB Organization Introduction The National Bank of the Republic of Belarus(NBRB) is the central bank of Belarus, located in the capital city, Minsk. The bank was created in 1922 under the name of "Belarusian Republican Bank" , but soon worked under the direction of the State Bank of the USSR. Undergoing reorganizations in 1959 and 1987, the bank appeared in its current form in 1990 after the passage of banking rules upon declaring independence from the Soviet Union. The bank's activities are regulated in the Banking Code enacted in October 25, 2000. Article 25 of the Banking Code, provides that one of the main functions of the NBRB is to ensure efficient, reliable and safe functioning of the interbank settlement system, and prescribes procedures for cash and non-cash settlements in the Republic of Belarus.

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FSCA Organization Introduction The Financial Sector Conduct Authority (FSCA) is the market conduct regulator of financial institutions, that provide financial products and financial services, financial institutions that are licensed in terms of a financial sector law, including banks, insurers, retirement funds and administrators, and market infrastructures. The FSCA is responsible for market conduct regulation and supervision. FSCA aims to enhance and support the efficiency and integrity of financial markets and to protect financial customers by promoting their fair treatment by financial institutions, as well as providing financial customers with financial education. The FSCA will further assist in maintaining financial stability.

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TPEx Organization Introduction Taipei Exchange, formerly the Gre Tai Securities Market (GTSM), is a foundation which is organized for serving the over-the-counter (OTC) market and bond trading of Taiwan. It was formally founded on 1 November 1994. As one of the major pillars in Taiwan’s securities market, the TPEx aims to promote economic development. In support of government economic policies, the TPEx endeavors to foster Taiwan’s local characteristic enterprises, develop new products, boost market turnover, and actively engage in exchanges and cooperative programs with other capital markets to expand the business. Today, after years of steady growth and development, the TPEx is now a highly unique provider of financial products and trading services in the international market.

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ADGM Organization Introduction ADGM’s Financial Services Regulatory Authority was established to advocate a progressive financial services environment and uphold the integrity of the whole international financial centre by managing any potential risks exposure and undesirable impact.FSRA's policies and the adherence to ADGM's rules and regulations, which are modelled on and consistent with internationally recognised standards, ensure that financial entities operate with certainty, market participants thrive in an equal level-playing environment, and the best interests of investors are safeguarded.Offering the highest level of regulatory transparency and engagement, the FSRA practices an open and progressive approach in its regulatory operations, through public consultations, engagements on introduction and amendments of rules and policies.

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SFB Organization Introduction To promote the Taiwan national economic development, facilitate sound developments of the securities and futures markets, maintain the orderly transaction of the markets, and safeguard the rights and interests of securities investors and futures traders, the Financial Supervisory Commission (FSC) establishes the Securities and Futures Bureau (SFB) for purposes of the supervision and regulation of the securities and futures markets and securities and futures enterprises, and the formulation, planning, and implementation of related policies, laws, and regulations. This includes supervision and regulation of the review and trading of futures trading contracts; supervision and regulation of securities and futures enterprises; supervision and regulation of foreign investment in domestic securities and futures markets; Supervision and regulation of securities industry associations, futures industry associations, and related foundations etc.

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FINRA Organization Introduction FINRA was established in 2007 through the merger of the National Association of Securities Dealers (NASD), the most influential securities industry self-regulatory organization in the United States at the time, and the New York Stock Exchange Regulation (NYSERegulation, Inc.). FINRA's primary function is to strengthen investor protection and market integrity through efficient regulation and technical support, and is primarily responsible for the trading practices of the over-the-counter (OTC) markets and the operations of investment banks. As a non-governmental organization, FINRA's existence is also an important step in the development of an effective marketplace that is self-regulating.

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CIRO Organization Introduction Canadian Investment Regulatory Organization (CIRO) is the national self-regulatory organization that oversees all investment dealers, mutual fund dealers and trading activity on Canada’s debt and equity marketplaces. CIRO is carrying on the regulatory functions of the Investment Industry Regulatory Organization of Canada and the Mutual Fund Dealers Association of Canada, and is committed to the protection of investors, providing efficient and consistent regulation, and building Canadians’ trust in financial regulation and the people managing their investments.