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CMC MARKETS • CMC MARKETS.
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https://www.cmcmarkets.com
Supervisor
Financial Conduct Authority
On April 1, 2013, FSA (Financial Services Authority) was replaced by two parallel regulatory agencies, FCA (Financial Conduct Authority) and PRA (Prudential Financial Regulation Authority).
Financial Markets Authority
The Financial Markets Authority of New Zealand (FMA) and the Reserve Bank of New Zealand (RBNZ), these two regulatory agencies constitute the New Zealand financial market regulatory system. FMA was established in 2011 under the "Financial Market Authority Act of 2011". FMA replaced the original Securities Commission and took over part of the functions of the New Zealand Government’s Economic Development Department. In particular, FMA can supervise the New Zealand government’s budget and also performs part of the company registration function.
The Investment Industry Regulatory Organization of Canada
The Canadian Investment Industry Regulatory Organization IIROC was established on June 1, 2008. It is a non-profit organization composed of the Investment Dealers Association of Canada (IDA) and Market Regulatory Services Corporation (RS). IIROC has established investor complaint channels. Among them, customers complained to the banking service and investment supervision organization OBSI, and the maximum compensation was 350,000 Canadian dollars; if they are not satisfied, they can enter the IIROC arbitration, and the maximum compensation is 500,000 Canadian dollars (the arbitration fee is shared by the complainant and the regulated company). The Canadian Investor Protection Fund (CIPF) is responsible for handling the compensation of client assets in the event of company bankruptcy, and the total amount of allocations is capped at 1 million Canadian dollars. In terms of customer service, IIROC provides e-mail consultation and telephone consultation. The email inquiry did not receive a specific response.
Monetary Authority of Singapore
The Monetary Authority of Singapore (MAS) is the central bank of Singapore. It was established in 1971. It is implemented and professionally managed by government departments. Its functions combine banking to finance and many other financial functions, including formulating financial and monetary policies and ensuring stable economic development. , Promote sustainable development of the financial service industry, etc. MAS is also a comprehensive regulatory agency responsible for overseeing all financial institutions in Singapore: banks, insurance companies, capital market intermediaries, financial advisors and stock exchanges. MAS works closely with other government agencies and financial institutions to promote Singapore to become a regional and international financial center and to ensure the vitality and competitiveness of Singapore’s financial industry.
CMC MARKETS. News
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