The foreign exchange eye recently released a statement:

Recently, the authorized representative license in Australia (hereinafter referred to as AR license) and the AR license in Britain have been overused, which has interfered with the fair system of foreign exchange. In order to provide quality services, the Center will take the following measures:

From 20211,all AR licenses in China will be offline. This part will not be included.

Since this message was sent out, many AR license plates of 1309370 are no longer practical. The company suggests that users with AR licenses can convert AR into Canadian MSB, or American NFA license, Vanuatu financial license and Seychelles license. At present, the processing cycle is short and the reputation is high. Tian Yan has a high score in foreign exchange.

Canadian MSB (introduction)

With the development of foreign exchange industry, there are more and more foreign exchange platforms. Many platforms have begun to apply for formal regulatory licenses for platforms. With these regulatory licenses, the platform will have a better development direction. Canadian MSB license is one of them. Canada's regulatory license has also become a network celebrity license. Canada's full name is Fintrac Money Services Business (Fintrac MSB), commonly known as FTR or MSB. The money service business (msb) operated in Canada is subject to Canadian anti-money laundering (AML) and anti-terrorism financing (CTF) requirements. The Canadian regulatory agency is the Canadian financial transaction and report analysis center. FINTRAC not only supervises the industry, but also obtains regular reports from licensed MSB institutions, and issues updated industry regulations for the industry, and the license is displayed in the foreign exchange eye score.

Advantages of FTR MSB license in Canada

Canadian MSB is the lowest handling fee license plate among all AA brands in China.

Canada MSB does not need to pay a deposit.

Canadian MSB license plates are issued very quickly.

Canada MSB has fewer complaints and a good reputation.

Canadian MSB license plate is one of the few AA license plates in China that do not need to pay monthly fee.

American NFA (introduction)

NFA is the industry-wide self-regulatory organization of American derivatives industry. As a registered futures association designated by CFTC, NFA maintains the integrity of the derivatives market, protects investors and ensures that its members fulfill their regulatory responsibilities.

From 65438 to 0974, the United States Congress established the Commodity Futures Trading Commission (CFTC). The same legislation also authorizes the establishment of a registered futures association, giving the industry the opportunity to establish a self-regulatory organization.

In 2000 and 2008, the US Congress passed legislation requiring companies as counterparties of retail foreign exchange transactions, as well as foreign exchange fund pool operators, trading consultants and referral brokers to register with CFTC and become NFA members. The Commodity Exchange Law (CEA) requires some companies and individuals engaged in derivatives industry to register with CFTC. With a few exceptions, CFTC regulations also require CFTC registered companies to be NFA members. CFTC has entrusted the registration responsibility to NFA.

All futures professionals who need to register with CFTC can register only after thoroughly investigating their background to determine whether they meet the applicability standards stipulated by CEA.

Vanuatu (Introduction)

Financial license supports a variety of trading services, such as remittance business, payment business, foreign exchange trading, bulk commodities, securities trading, financial consulting and so on. Especially suitable for China's securities firms, because Vanuatu's political and economic interests in China are actively protected and supported by the China government.

Introduction to Vanuatu Financial License (VFSC) Vanuatu financial license, that is, the business license of financial institutions, is the official document authorizing financial institutions to conduct business. The license is issued by and supervised by the Vanuatu Financial Services Commission (VFSC).

Seychelles (Introduction)

The Seychelles Financial Services Authority under the management of the Seychelles Ministry of Finance was formerly known as the International Bureau of Commerce (SIBA), and its functions covered all non-bank financial services. As one of the most frequent regulatory government agencies dealing with overseas companies in the world, FSA is mainly responsible for the approval and supervision of insurance, securities, financial leasing, gambling, offshore finance and other industries.

In Seychelles, the regulator is the Financial Services Authority, and the relevant license type is the securities dealer. The licensee can provide a variety of financial instruments (including stocks, bonds, swaps, option futures and contracts for differences).