Today, on December 27, the Central Bank of the Russian Federation revoked the licenses for the activities of a forex dealer from five companies: LLC Forex Club, LLC Fix Trade, LLC Trastforex, LLC Teletrade Group, LLC Alpari Forex. The information is posted on the website of the Central Bank of the Russian Federation.
Licenses of listed companies were revoked for repeated violations of the requirements of the legislation of the Russian Federation within one year. The management of companies is accused of misreporting to the Central Bank, violation of the deadlines and procedure for reporting, publication of inaccurate information on the site, violations in the organization of the internal control system, as well as inadequate organization of the risk management system.
Also, the Central Bank canceled the qualification certificates of supervisors and general directors of these companies.
Thus, four companies remain in the register of forex dealers of the Central Bank: Alfa-Forex, VTB Forex, PSB Forex and Finam Forex.
Recently, according to experts, a lot is not happening in the Russian Federation in accordance with market laws. Often the question is “to be or not to be?” is solved according to the principles of proximity to government structures. Judging by who left in the lists – the way it is.
* The company “Alpari Limited” is not related to the prohibited LLC “Alpari Forex”.