Russia Prepares Steps to Forbid Unregulated Brokers from Operating

[kreslik.news]

The Federal Anti-monopoly Service (FAS) in Russia is preparing to take action against brokers that are operating in the country without a license. Just after the long-awaited regulatory framework in Russia kicked in earlier this month, Russian authorities are making pledges to take control of the market.

There is no clarity as to exactly what measures the authority is preparing to take against foreign brokers operating in Russia. However it appears that the primary effort will be directed towards local companies that are operating in the country without a license.


Russia was developing its ... (read more)