Forex regulation

Navigating the Regulatory Landscape: A Conversation with Joanna Frendo, Chief Compliance and Risk Officer at Deriv

To gain insights into the dynamic regulatory environment, we met with Joanna Frendo, Deriv’s Chief Compliance and Risk Officer.

Italy’s Consob has ordered the blackout of seven new websites that offer financial services/financial products illegally.

The latest CONSOB orders for blocking illegal investment websites have taken their number to 505.

Effective from 1 October 2021, brokers, dealers, asset managers and Forex dealers must comply with the capital adequacy ratio.

NFA reduces the minimum security deposit for currency pairs involving the British pound (GBP) to 3%.

Italy’s Consob will block more illegal online trading websites, including those belonging to BIMFX24 and Swiss Premium FX.

Consob issues orders for the blocking of access to six more websites of unauthorized FX and crypto brokers.

Mikkelsen, a resident of Denmark, is accused of engaging in a $1.5 million Forex fraud scheme and registration violations.