The FinancialAugust 15th, 2017 Financial Commission, a leading external dispute resolution (EDR) organization catering to the financial services industry, operated by FinaCom PLC, announces the convening of roundtable on August, 29 at 6 pm (Moscow time) to discuss how forex business may develop in the environment of stricter regulation both in Russia and globally.
Stricter regulation of the forex market both in Russia and globally calls into question the existence of many brokerage companies. Leading experts in the industry will gather at the roundtable on August, 29 at 6 pm (Moscow time) to discuss how forex business may develop in such environment, what regions are attractive for entrance and how to promote such services. Petr Tatarnikov, Chairman of the Board of Directors of the Financial Commission, Nikolai Isaev, CEO of the Dartek Consulting, and Valentina Drofa, Director General of Drofa communications agency will take part in the event. The round table will be an online event.
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“With the start of the market regulation era in Russia and tightening of the business in the UK and Europe in general, forex companies costs have significantly increased. However, there are still chances for development: for example, the US market can be opened for new players because of the abolition of the Dodd-Frank law, besides some peripheral Russian-speaking countries show some interest in forex. Which markets to enter and how exactly to do it, will be discussed in detail at our event,” Peter Tatarnikov commented. |
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“Access to the market for unregulated participants will soon be closed completely. What alternative jurisdictions may be of interest, what is the stand of the Russian regulator on the matter of forex industry and what to do with tools that are not yet affected by the law, meaning e.g. binary options – here is a far from complete list of issues to discuss during the round table, Isayev adds. |
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“The idea of the event surfaced as a result of my communication with the owners of forex companies over the past 3-4 months. The key question everybody asks now – how to work to remain effective in the ever tighter environment. In order to give the most information on the issue, we decided to gather experts in one place and to talk about how we see the development of the industry, ” Valentina Drofa says. |
The round table is intended for owners and employees of financial companies only. Registration for the event is required. You can register by the link http://toomuchmoney.ru/
For details of participation, please, call +7499 110 41 72