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Saxo • Saxo Bank
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https://www.home.saxo
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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).
Annex
Australia Securities & Investment Commission
ASIC is an independent government agency and exercises financial supervision functions on the Australian financial system, financial institutions and professional practitioners in accordance with the law. ASIC was established in 2001 in accordance with the Australian Securities Investment Commission Act approved by the Parliament.
Financial Services Agency
The establishment of the Financial Services Agency is to ensure the stability of Japan's financial system, and at the same time protect the interests of depositors, policyholders, securities and other investors, and promote financial facilitation. The Financial Services Agency is the main regulatory authority for foreign exchange margin business. Japan’s financial supervision implements mixed supervision, that is, the Financial Services Agency exclusively supervises the banking, securities, insurance and non-financial institutions. The supervision of foreign exchange margin business institutions mainly includes regular inspections (semi-annual or year-end closing, etc.), inspections at any time, and traders providing transaction reports at the end of each month.
Securities and futures commission
The Securities and Futures Commission (SFC) was established in 1989. It is an independent statutory body responsible for overseeing the operation of Hong Kong's securities and futures markets. The Securities and Futures Ordinance and subsidiary legislation empower the SFC to investigate, correct and disciplinary actions. The Association operates independently of the Hong Kong Special Administrative Region government, and its funding mainly comes from transaction levies and license fees. As the financial regulatory agency of the international financial center, the SFC has been committed to strengthening and maintaining the integrity of Hong Kong's securities and futures markets, so as to protect the interests of investors and the industry.
Autorité des Marchés Financiers
In 2003, the French Financial Market Authority AMF was established. 1. Foreign exchange dealers regulated by the French AMF must obtain an investment company license; 2. To handle complaints and disputes, first complain to the foreign exchange trading platform. If you are not satisfied, you can complain to the AMF mediation commissioner's office; there is no charge for complaints.
The Commissione Nazionale per le Società e la Borsa
The Italian CONSOB was established in 1974 to supervise the Italian financial market. The Italian investment company has "investment-related foreign exchange services" to do foreign exchange transactions. Complaint handling: For the investment company in operation, first complain to the investment company. If you do not respond to the complaint within 60 days or you are not satisfied with the result of the complaint handling, you can complain to the Italian dispute resolution agency ACF for free. For bankrupt investment companies that meet the bankruptcy and liquidation standards, the Italian Ministry of Finance initiates bankruptcy liquidation within 60 days, with a compensation limit of 20,000 euros (approximately 150,000 yuan), and the processing process usually takes 5 months. Customer service: only telephone consultation or online consultation can be received by email in about a week.
Swiss Financial Market Supervisory Authority
FINMA is an independent institution with an independent legal person and its headquarter is located in Bern, the capital of Switzerland. It directly serves the Swiss Parliament and is institutionally, functionally and financially independent of the Swiss Federal Central Government and the Federal Ministry of Finance. Enforce the Financial Market Supervision Act; responsible for the legislation of the financial market. According to the provisions of Art. 5 of the FIMASA Act, the responsibility of FINMA is to protect the interests of creditors, investors and policyholders, while ensuring the normal operation of the financial market. The core of FINMA's mission is to provide protection for individuals and maintain the functions of financial markets.
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.
Saxo Bank News
Global Market Quick Take: Europe – 16 October 2024
Key points:Equities: U.S. stocks down, ASML shares drop 16.2%, Nvidia falls 4.6%, oil prices decline, Bank of America up 0.5%, Apple hits record highCurrencies: Sterling drops sharply on soft CPI figures this morning, JPY firms as US yields dropCommoditie...
27 minutes ago
Global Market Quick Take: Europe – 16 October 2024
Key points:Equities: U.S. stocks down, ASML shares drop 16.2%, Nvidia falls 4.6%, oil prices decline, Bank of America up 0.5%, Apple hits record highCurrencies: Sterling drops sharply on soft CPI figures this morning, JPY firms as US yields dropCommoditie...
2 hours ago
Global Market Quick Take: Asia – October 16, 2024
Key points:Equities: ASML's shares plunged 16.5% after the company lowered its outlookFX: Aussie dollar plunges to a new five-week lowCommodities: Oil fell as Israel may avoid targeting Iran's infrastructureFixed income: Treasury yield curve flattensEcono...
7 hours ago
Has the market positioned towards a Trump presidency?
Listen to the full episode now or follow Saxo Market Call on your favorite podcast app: If you are not able to find the podcast on your favourite podcast app when searching for Saxo Market Call, please drop us an email at [email protected]...
18 hours ago
Global Market Quick Take: Europe – 15 October 2024
Key points:Equities: US Markets at all-time highs, Nvidia closing at record high, earnings season intensifies Currencies: USD firms to new local highs as Trump’s winning odds riseCommodities: Crude slumps on reports Israel not to target Iran’s oil product...
1 day ago
Global Market Quick Take: Asia – October 15, 2024
Key points:Equities: Nvidia closed at all-time highsFX: USDCAD rose for the ninth straight session, matching a 2017 streakCommodities: Oil drops as OPEC cuts demand forecast, Israel newsFixed income: Cash Treasury yields are set to reopen slightly lower...
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Global Market Quick Take: Europe – 14 October 2024
Key points:Equities: Markets at all-time highs, strong earnings from JPMorgan and Wells Fargo, but Tesla down 8.8%Currencies: USD flat after last week’s surgeCommodities: Gold pulling back toward cycle highs in strong start to weekFixed Income: US 10-year...
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US Election countdown: the best and worst scenarios for the market.
2024 US Election countdown. With only three weeks to go...The polls this week say: Polling numbers are according to fivethirtyeight.com, a polling aggregator. The oddsmakers this week say: Betting odds numbers are according to polymark...
2 days ago