Japanese FSA Forms Expert Committee to Determine New Forex Regulation

[kreslik.news]

The Japanese Financial Services Authority (JFSA) is setting up a committee that will explore the options for changes to existing retail forex trading. The body’s goal is to examine the market and the main risks for clients and determine what the best course of action is.

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Japanese authorities have been worried by systemic risk and outlined earlier this autumn that they are looking to revise leverage and capital requirements for foreign exchange brokers. The size of the Japanese retail forex market is worrying authorities due ... (read more)