Touchwood has a staff of experts and agents who perform the necessary compliance tasks to secure the necessary licences for our business creation services in any of the different available jurisdictions.
We understand that starting a brokerage is not an easy task. When it comes to regulation, the FX world is becoming increasingly stringent, with many different opinions as to what license should be obtained.Touchwood will work with you and put you in contact with our numerous regulatory experts and consultants, giving you an honest opinion about how best to structure your operations.
Services
Our Expertise
Understanding Regulatory Bodies
Knowledge of regulatory bodies such as the Financial Conduct Authority (FCA) in the UK, the Commodity Futures Trading Commission (CFTC) in the US, and the Australian Securities and Investments Commission (ASIC) is essential.
Licensing and Registration
Expertise in the process of obtaining licenses and registrations from relevant regulatory authorities is vital. This includes understanding the application process, required documentation, and ongoing compliance obligations.
Compliance Requirements
In-depth knowledge of compliance requirements, including anti-money laundering (AML), know your customer (KYC), and client fund segregation, is essential. Ensuring that policies and procedures are in place to meet these requirements is critical.
Risk Management
Expertise in identifying and managing regulatory risks is essential for safeguarding the interests of clients and the firm. This includes assessing regulatory changes, conducting risk assessments, and implementing appropriate controls.
