REGULATORS

Regulators

The ASIC is responsible for overseeing the actThe International Financial Services Commission (IFSC) is the Belize government agency responsible for financial regulation. It is responsible for regulating all financial market participants, exchanges and the setting and enforcing of financial regulations. A number of international online forex brokers obtain their international license from IFSC.

IFSC was established in Belize in 1999. The aim of the Commission is licensing of financial companies, as well as controlling and supervision of all regulated firms to bind all international financial services requirements to their activity. IFSC is regulated by the Ministry of Belize Securities and International Financial Services Commission Act. IFSC functions on a special Code of conduct, which is aimed to increase considerably the level of services provided by the licensed company under the International Financial Services Commission.ivities of a wide range of industries ranging from insurance companies, corporate governance, securities and investments, fund management, credit organizations, and other financial services. ASIC regulated brokers are now considered to be one of the best in the industry due to the advanced regulatory oversight and several reforms that enabled ASIC to become a highly preferred regulatory agency. In its latest avatar, the ASIC is responsible for regulating the Australian Stock Exchange and acts as an independent regulatory organization for all market participants, including brokers as well as investors.

ASIC is one of the oldest regulators in the market, having started off its journey as the Australian Securities Commission (ASC) in 1989. Over the years, the agency witnessed a host of changes in the way they operate by adding multiple industries under its regulatory oversight and was renamed as the Australian Securities and Investments Commission in 1998.

The ASIC is responsible for overseeing the activities of a wide range of industries ranging from insurance companies, corporate governance, securities and investments, fund management, credit organizations, and other financial services. ASIC regulated brokers are now considered to be one of the best in the industry due to the advanced regulatory oversight and several reforms that enabled ASIC to become a highly preferred regulatory agency. In its latest avatar, the ASIC is responsible for regulating the Australian Stock Exchange and acts as an independent regulatory organization for all market participants, including brokers as well as investors.

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