Current location - Loan Platform Complete Network - Foreign exchange account opening - Does anyone know why Jiasheng transferred his China account to Cayman Islands earlier? Can you analyze the reason?
Does anyone know why Jiasheng transferred his China account to Cayman Islands earlier? Can you analyze the reason?
According to the official explanation of Jiasheng, only the option of Cayman supervision is added on the basis of FCA in the UK, so customers can choose freely, not transfer! This is to help customers prepare for the upcoming European Financial Instrument Market Rule 2 (MiFID II) and the rule changes proposed by FCA in February 20 16. Under the supervision of CIMA, Jiasheng can provide a complete set of foreign exchange and CFD products, without mandatory leverage restrictions, without registration requirements for IB that fully introduces customers, and without being bound by the new FCA rules or the EU Financial Instruments Market Regulation II (MIFID II).

In addition, Jiasheng is an old hand in dealing with different regulators. It is the only regulated broker in all major foreign exchange and contract for differences markets in the world (including the United States, Canada, Britain, Australia, Singapore, Japan, Hong Kong and Cayman Islands). At present, Jiasheng is supervised by the world's eight major financial regulators. With the close relationship with these regulators, Jiasheng can make preparations in advance if there is any change in foreign exchange policy in the future.