Chinese President Xi spoke at a meeting of anti-corruption regulators on Monday.
Xinhua New Agency with the information, Xi said:
- Measures must be taken to prevent senior officials from acting on behalf of an interest group or a power group, and to prevent any collusion between officials and businessmen
On the face of it, this is not an unreasonable remark.
If considered in the context of China’s fierce crackdown not so long ago against various industrial sectors, including technology, it could be seen as a sign that the government’s measures to restrict the industry may not have fully passed. Offshore and onshore, investors will be concerned if there is a re-emergence of a tightening regulation
Regulation
Regulation is a key attribute of any forex broker in the retail industry. When investing money in a brokerage, it is important to first see if it is regulated, as this offers several protections and safeguards to clients. The financial services industry is tightly regulated to help prevent illicit behavior and manipulation. This is not unlike other high net worth industries, which rely on transparency. Each asset class has its own set of protocols in place to combat their respective forms of abuse. In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, although ultimately a binding international order is lacking. Why Regulation is Important in FX There are several regulators around the world that help control the forex industry. Regulatory bodies such as the UK Financial Conduct Authority (FCA), the US Securities and Exchange Commission (SEC), the Australian Security and Investment Commission (ASIC) and the Cyprus Securities and Exchange Commission ( CySEC) are the most processed authorities in Europe. the foreign exchange industry. First and foremost, regulators help ensure the filing of reports and the transmission of data to help oversee and monitor the activity of brokerages. Moreover, regulators also act as a deterrent against market abuse and broker malpractice. Brokers who engage in services with clients must adhere to a set of rules which ensure that they are indeed authorized to provide investment activities in a given jurisdiction. Unfortunately, many unauthorized or unregulated entities will also seek to market their services illegally or operate as a clone of a regulated operation. Regulators are key to snuffing out these scam operations because they avoid significant risks for investors. also required to file regular reports on their clients’ positions with all relevant authorities. Brokers also typically outsource reporting to other companies who connect the trade repositories used by regulators to the broker’s systems and manage this crucial element of compliance.
Regulation is a key attribute of any forex broker in the retail industry. When investing money in a brokerage, it is important to first see if it is regulated, as this offers several protections and safeguards to clients. The financial services industry is tightly regulated to help prevent illicit behavior and manipulation. This is not unlike other high net worth industries, which rely on transparency. Each asset class has its own set of protocols in place to combat their respective forms of abuse. In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, although ultimately a binding international order is lacking. Why Regulation is Important in FX There are several regulators around the world that help control the forex industry. Regulatory bodies such as the UK Financial Conduct Authority (FCA), the US Securities and Exchange Commission (SEC), the Australian Security and Investment Commission (ASIC) and the Cyprus Securities and Exchange Commission ( CySEC) are the most processed authorities in Europe. the foreign exchange industry. First and foremost, regulators help ensure the filing of reports and the transmission of data to help oversee and monitor the activity of brokerages. Moreover, regulators also act as a deterrent against market abuse and broker malpractice. Brokers who engage in services with clients must adhere to a set of rules which ensure that they are indeed authorized to provide investment activities in a given jurisdiction. Unfortunately, many unauthorized or unregulated entities will also seek to market their services illegally or operate as a clone of a regulated operation. Regulators are key to snuffing out these scam operations because they avoid significant risks for investors. also required to file regular reports on their clients’ positions with all relevant authorities. Brokers also typically outsource reporting to other companies who connect the trade repositories used by regulators to the broker’s systems and manage this crucial element of compliance.
Read this term in China.
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