July 6, 2017: Financial Commission, a leading External Dispute Resolution (EDR) organization, operated by FinaCom PLC, servicing online Forex and CFD brokerages and technology providers within the financial services industry, today announces the appointment of Alexey Sidorov to its Dispute Resolution Committee (DRC).
Enhancing the DRC structure
Alexey Sidorov is the latest industry expert to join the Financial Commission’s DRC – which consists of a diverse panel of industry professionals, who follow a non-bias protocol to process and resolve complaints from our members’ clients.
Alexey Sidorov – Chairman of the Financial Market Development Association of Belarus (ARFIN) is a prominent financial markets economist with senior-level executive experience which includes serving for private companies and governmental financial institutions over a career spanning 17 years.
Peter Tatarnnikov, Financial Commission Chairman, said “We are extremely pleased to welcome Alexey Sidorov to the Financial Commission’s Dispute Resolution Committee. Alexey is a proven leader who has held several top level positions for governmental regulatory institutions in key roles relevant to forex regulations, and also brings valuable experience from in the banking sector as an economist.”
About Alexey Sidorov
In his most recent position, Alexey was Deputy Head of the Department for Foreign Economic Activities Monitoring at National Bank which drafted legal regulatory acts under the main directorate for currency regulation and currency control. Alexey held this role from 2013 through June 2016, and his work involved monitoring foreign trade activities and drafting appropriate regulations to meet policy needs as Deputy Head of the department.
Before his promotion to the role of Deputy Head, Alexey was Chief Economist at National Bank, for eight years from 2005 through 2013, and during that time was an adviser (councillor) for the currency regulation department within the main administration of currency regulation and currency control. This department drafted legal acts and maintained existing rules for currency regulations and under Alexey’s guidance.
From 2001 to 2005 before joining National Bank, Alexey was senior economist at Infobank (JSCB) within the active operations department which managed the bank’s loan portfolio and sale of banking products.
Alexey studied at the Belarussian State Economic University in the Faculty of Banking with a specialization in finance and credit, from 1997 to 2002, prior to embarking on his career in finance.
ARFIN (the Financial Market Development Association of Belarus) is a non-profit, membership based association of brokerage organizations operating on Forex market. ARFIN’s main goal is to develop effective regulatory measures for the Belorussian financial markets and to work out a set of management standards for the industry as well as norms to protect the interests of private investors.
About 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. To learn more about our requirements or to apply for membership, please contact us.