Who performs the functions of the financial market regulator in the Russian Federation and America?

The entry was posted on 07/21/2016 by Vadim Fedorovich in the knowledge base section Date of last update of the material: 05/17/2019

Introduction

Before entrusting money to a brokerage company, you need to familiarize yourself with all its documents and find out where it is registered, in what jurisdiction it operates and to which agency it is subordinate. If the company is not regulated by a third party (regulator), you will have no leverage over it in the event of a conflict. Let's find out who regulates Forex in different countries and who they are - Forex regulators.

First of all, the Forex currency market itself is not regulated or controlled: the principle of free currency conversion operates here, there is no fixed exchange rate, and there are no restrictions on the direction and volume of transactions. But the relationship between clients and intermediaries (brokerage companies), as well as their activities, are strictly regulated by local laws and the relevant supervisory departments - Forex regulators.

List of financial regulators in Europe

List of financial regulators in Oceania

Responsibilities and powers of the Italian stock regulator

On CONSOB

the following responsibilities are assigned:

• regulation of the activities of companies in the field of providing investment services, preparation of reporting requirements for companies whose shares are quoted on the free market;
• enrollment in the accounting registers of investment companies, issuance of permits to conduct activities within the stock market;
• tracking the operations of companies on the market, ensuring transparency of information, its collection and systematization;
• reviewing information from market entities regarding public investment and financial reporting.

List of Asian financial regulators

List of North American financial regulators

Market regulators

In the entire system of market regulators, competition plays the main role as a control mechanism. Competition forces sellers and producers to satisfy the needs of society in the best way for them. With the help of the mechanism of market competition, the efficient activities of manufacturers are established, the use of advanced technologies is improved, quality characteristics are improved, the nomenclature is updated, the organization of production and management is improved, and costs are reduced.

Together with competition, market regulators are able to form unified economic methods of a market economy, forcing producers to take into account the interests and requests of the buyer and produce certain products (provide services).

The transition to the widespread use of market regulators of the economy is characterized by the search for non-traditional forms of management, including implementation in industries and companies.

List of financial regulators in South America

Price as a market regulator

The primary role in the system of market regulators is played by price, which is the most visible, powerful marketing tool that causes a quick reaction from the market.

Not a single enterprise can function effectively without a competent pricing policy, which is based on knowledge of the essence, relationships and patterns of behavior of market prices, the basis of price marketing.

An important factor in making decisions in the field of price is the availability of reliable information, including a comprehensive analysis of the price market situation. To solve this issue, it is necessary to know the methodology for collecting, processing and analyzing data that can characterize prices, the process of their formation and changes.

The study of price patterns and pricing systems occurs through modern economic theory. Most experts examine price as a monetary expression of the value of a product.

List of financial regulators in Africa

The main financial regulators of the world and their licenses

Financial regulators and their licenses for dealing centers are presented in the author’s table below:

Market regulators of the economy

2.3. Market regulators of the economy

In modern Western economic literature, the functioning of the market as a self-regulating system is justified by the rationalism of the economic behavior of subjects of market relations. Their line of behavior is revealed in rationalism. which manifests itself in the search for the most optimal ways to satisfy interests and needs. Firms, seeking to increase their own benefits, at the same time - as if guided by the “invisible hand” (A. Smith) - contribute to ensuring public interests. Firms use advanced technologies and production methods, and use the most economical combination of resources to produce a given volume of products. This behavior is in line with private benefit; at the same time, rational use of resources and reduction of costs leads to an increase in overall wealth. As a result, self-interest, encouraged and directed by the market system, ultimately ensures that society's needs are better met.

FMA monitoring according to the criteria of Masterforex-V traders

CONSOB structure and trader trust

To the Collegiate Body CONSOB

includes a chairman and four members;
they are appointed by presidential decree on the basis of nominations submitted by the chairman of the Council of Ministers. The position can be held by members for a period of 7 years without renewal. The organizational structure is represented by a central management committee and 11 faculties, which include 39 departments. CONSOB
offices are located in Rome and Milan.

Traders' trust in the organization is average, because The Italian stock market is not one of the central or even of average importance. In addition, it is worth understanding that for traders who do not trade shares of companies listed on Borsa, this license is of no use.