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Russian self-regulatory organization CRFIN has elected a new President. The governing body of the unit has on-boarded Andrey Lysitsin from Alpari, where he served as Director of Strategy since 2014. Lysitsin has been working in a variety of government sector roles before joining the SRO of the forex industry.
The effort by CRFIN can be seen as an attempt to bridge the gap between the Russian mega-regulator, the Bank of Russia and the forex industry.
Lysitsin has worked at the Central Bank between 2002 and 2006, when he was responsible for carving out regulations of the foreign exchange market in Russia. ... (read more)