In Switzerland, the world’s vault-like haven for investment, where hundreds of years of traditional security meets modern, unique Swiss technology, we confirm our research with a senior Swiss executive that non-Swiss companies are not allowed by law to misrepresent themselves as Swiss by using the word “Swiss” or imagery of the national flag
+ Read This Next
Why is BDSWISS allowed to continue to pretend to be a Swiss company when actually it is a CySec licensed binary options, CFD and OTC FX broker operating a b-book? Misleading advertising is one thing, pretending to be a Swiss firm is much more serious
Irony in action at CySec: BDSWISS settles with regulator for misleading marketing, but allowed to call themselves Swiss and display Swiss flag
Whilst CySec points the finger at BDSWISS for misleading marketing material, what about pretending to be Swiss, using the Swiss flag, and calling themselves a bank?
Central(e) Bank of Europe, Royal de Bank, and Binary Wall Street… FinanceFeeds examines the practice of online trading firms hiding behind a smokescreen of misleading names.
Despite the media and regulatory pressure on binary options brands, sales-led bravado is out and proud
The latest version of the iOS app also introduces chart and UI improvements.
Swiss-style FX ringfencing: Is this the antidote to continual regulatory encroachment on our industry?
The regulatory authorities across Europe are encroaching on the good in the industry and ignoring the bad. The ham-fisted means by which overhauls are implemented are a constant talking point. Is the Swiss way the right way to future-proof your brokerage? We investigate
The old-school lobbyists may well want to force all OTC FX on exchange, but what if you are a Swiss Bank? – Op Ed
Switzerland’s vault-like reputation and notorious disdain for interference from outside may well be its savior should the exchange lobby attempt to revamp OTC derivatives onto listed venues. When was the last time anyone argued with a Swiss bank or its regulator? That’s right. Never
Caroline Cooke left City Index, along with several colleagues, in Summer 2015 following the acquisition of the firm by GAIN Capital. She has now been appointed to a senior executive position at Swiss Re, leaving the FX industry.