Istanbul, April 5th. Financial Commission is proud to announce that it successfully presented its international Dispute Resolution Committee for Turkish forex market, at the first Turkey FX international conference in the country. During this very special event Commission’s administration discussed the development and key advantages of alternative and independent forex Dispute Resolution, comparing to traditional methods of solving issues between brokers and traders via regulators or ombudsmen. Along with other topics administration of the Financial Commission elaborated on how membership with the Commission allows companies to manage their reputational risks and satisfy customers to reassure that they are doing business in a fair and balanced environment.
A huge interest from traders and forex companies was focused on the process of dispute resolution, in particular: how many complaints were resolved so far, what are most usual complaints and what percent of complaints have been resolved in a favor of traders. Traders and brokers were also exploring Financial Commission expertise and techniques that are used to process complaints. Participants of the event expressed a viewpoint that our dispute resolutions procedures make the process cheaper, faster and much more efficient than any existing ones.
Commenting on the event, Peter Tatarnikov, Chairman of the Board said: “It was extremely important for us to share our expertise and offer this important function that is really missing. We are ready to provide Turkish traders and brokers with affordable, fair and efficient solution to solve their trading disputes.”
Michael Greenberg , founder and CEO Forex Magnates said: «I have deep respect to Financial Commission because it’s pursuing an aim to provide a totally new approach for traders and brokers alike to resolve their issues. I’m sure that Financial Commission will bring a lot of transparency and protection to FX market, which is a cornerstone of industry development».
Please see some pictures from the conference.
About the Financial Commission
The Financial Commission is an external dispute resolution (EDR) organization for consumers/traders who are unable to resolve disputes with financial services providers that are members of the Financial Commission. The Financial Commission set out to provide a new approach for traders and brokers alike to resolve any issues that arise in the course of trading the Forex market. The Financial Commission was established to be a neutral 3rd party committee to fairly review and resolve complaints in an effort to facilitate a simpler, swifter resolution than through industry regulators and the legal system
For more information, please contact The Financial Commission – [email protected]