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Russian Forex brokers may benefit from simplified procedure for client identification

“Russian Forex brokers (also known as Forex dealers, as per their official designation) may be able to make use of a simplified procedure for client identification” reports The authors of the document explain that, as of May 15, 2018, the number of clients of the licensed Forex brokers in Russia is 3,539.One of the reasons for that is that the current Russian laws lack a provision permitting simpler client identification at Forex dealers, the authors of the bill state.

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