Forex broker regulation is an important factor in reliability and trust. It is, quite important to understand the idea behind any regulation.
Regulation is, in a word, a set of rules and regulations a broker must comply with. A regulated broker must be annually (unless otherwise stated) audited and checked regarding whether it adheres to regulations and rules or fails to do so. Still, no regulation can directly define the relationship between client and broker. Any highly unlikely yet possible conflicts are subject to legal proceedings only.
International financial regulators set the industry standards that everyone must comply with. We all want honest and transparent rules in the market. GQ Capital Markets applies these rules in its work.
The special accounts of customers of GQ Capital Markets are operated by the accounting department in the course of normal deposit and withdrawal operation, and their operation is always monitored by internal auditing department. Not only internal auditing, but also audited regularly by the auditing firm, for the purpose of auditing whether the operations are appropriate and reasonable, whether there are misconducts, and whether the monitoring system maintains effectiveness in the view of a third party. The results of the aforesaid audits shall be reported to SCB regularly. The relevant requirements shall be strictly specified in the course of audit by the internal audit department and the auditing firm, and investigation by SCB.
To every customer, his/her assets are important and valuable. We do not permit any fund of unclean source to be mixed in such valuable assets. In particular, in the world now, the strengthening of regulation on anti-money laundering and anti-terrorism is emphasized. The licensed suppliers are required to regard these issues in SCB’s regulation items as the most important ones. Based on the SCB policy in GQ Capital Markets, we have formulated the regulation on the prevention against entry of suspicious money and implemented reasonable and appropriate management system according to the policies of the relevant international organizations and non-government institutions.
GQ Capital Markets Limited. registered in Bahamas (No. 201035) , authorized by Securities Commission of The Bahamas(SCB), license number SIA-F206.