Compliance and Regulation of the financial markets are the requirements for the integrity of the financial system, ensuring the broker-investor safety net.
As a financial institute resident in Germany, JRC is regulated to the highest degree by the german central bank (Deutsche Bundesbank) and the “Bundesanstalt für Finanzdienstleistungsaufsicht” (BaFin). JRC is also assigned to the EdW (Compensatory Fund for Securities Trading Companies).
In this context, mention must be made that JRC’s trading strategies are applied only on Forex and Futures markets, which have the highest regulation standards worldwide.
A vital task of the Bundesbank is the protection of the stability of the financial system. To that extend, it cooperates closely with BaFin. The Bundesbank undertakes the day-to-day controlling of financial institutions by evaluating the annual financial statements and auditing institutions according to § 44 KWG (German Banking Act).
This monitoring takes place with the help of full disclosure and reporting requirements for the regulated company and is guaranteed through a risk and financial market analysis that provides the statistical data on the economic situation of credit institutions.
Federal Financial Supervisory Authority (BaFin)
BaFin is an organization for the public benefit. Its main goal is to guarantee the integrity of a fully operative and robust financial system. As part of their duties they monitor and ensure the proper execution of economic policy of all companies within the financial sector.
Additionally, BaFin is mandated with solvency supervision of banks, financial services institutions and insurance companies. BaFin’s market supervision arranges new behavioral standards, transparency in business relations and financial transactions, and maintaining investor confidence in financial markets.
Compensatory Fund of Securities Trading Companies (EdW)
JRC is assigned to the Compensatory Fund of Securities Trading Companies (EdW). The Compensatory Fund of Securities Trading Companies (EdW) has the task to protect investors against losses from their claims of securities transactions.