FOREIGN EXCHANGE LINKS
The European Central Bank (ECB) and the national central
banks of the European Union member states make up the
Eurosystem, whose primary task is to maintain price
stability. The ECB is made up of three parts - governing
council, executive board, and general council.
Reserve Board (FED) - The Federal Reserve,
the central bank of the United States, was founded
by Congress in 1913 to provide the nation with
a safer, flexible and stable monetary and financial
system. The Twelve Regional Reserve Banks which,
together with the Board of Governors in Washington,
D.C., make up the Federal Reserve System.
Central Bank (ECB) - The European Central
Bank frames and implements European monetary
policy; it conducts foreign exchange operations
and ensures the smooth operation of payment
Bank Of Japan (BOJ) - The Bank of Japan's
missions are to maintain price stability and to ensure
the stability of the financial system, thereby laying
the foundations for sound economic development. The
Bank conducts the following activities: Issuance and
Management of Banknotes; The Conduct of Monetary Policy;
Providing Settlement Services and Ensuring the Stability
of the Financial System; Treasury and Government Securities;
Compilation of Data, Economic Analyses and Research
Bank Of England (BOE) - The Bank of
England is the central bank of the United Kingdom. Sometimes
known as the 'Old Lady' of Threadneedle Street, the
Bank was founded in 1694, nationalised in 1946, and
gained operational independence in 1997. Standing at
the centre of the UK's financial system, the Bank is
committed to promoting and maintaining a stable and
efficient monetary and financial framework as its contribution
to a healthy economy.
National Bank (SNB) - The Swiss National Bank conducts
the country's monetary policy as an independent central bank.
Main responsibilities include: Price stability; Promoting
the efficiency of the payment system; Ensuring the supply
of money; Cashless payment transactions; Investment of currency
reserves; Stability of the financial system; Statistical task;
and Tasks on behalf of the Confederation.
Bank of Canada (BOC) - The Bank of Canada's
responsibilities focus on the goals of low and stable inflation,
a safe and secure, financial stability, and the efficient
management of government funds and public debt. The Bank of
Canada promotes the economic and financial welfare of Canada,
by conducting monetary policy, supplying quality bank notes,
promoting the safety and efficiency of Canada's financial
system, providing efficient and effective funds-management
Reserve Bank of Australia (RBA) - The Reserve
Bank of Australia's (RBA) main function is monetary policy.
Policy decisions are made by the Board, with the objective
of achieving low and stable inflation over the medium term.
Other major roles are maintaining financial system stability
and promoting the safety and efficiency of the payments system.
Manages Australia's foreign reserves, issues Australian currency
notes and serves as banker to the Commonwealth Government.
Reserve Bank of New Zealand (RBNZ) - The
Reserve Bank of New Zealand has three main functions. These
are: operating monetary policy to maintain price stability;
promoting the maintenance of a sound and efficient financial
system; and meeting the currency needs of the public.
Commodity Futures Trading Commission (CFTC)
- CFTC was created by United States Congress in 1974 as an
independent agency with the mandate to regulate commodity
futures and option markets in the United States. The agency
protects market participants against manipulation, abusive
trade practices and fraud. Through effective oversight and
regulation, the CFTC enables the markets to serve better their
important functions in the nation's economy by providing a
mechanism for price discovery and a means of offsetting price
Futures Association ( NFA) - NFA is a congressionally
authorized self-regulatory organization for the U.S. futures
industry, provides innovative regulatory programs and services
that ensure futures industry integrity, protect market participants
and help its Members meet their regulatory responsibilities.
Capital Markets Compliance LLC (CMC) - CMC
specializes in providing regulatory guidance for firms that
offer securities products as well as banks requiring market
risk management reviews. Clients range from one-person retail
broker-dealer operations to full-scale multi registered representative
broker-dealers, investment advisers, investment bankers, bank
affiliated broker-dealers, state and national chartered banks,
and financial holding companies.
and Exchange Commission (SEC) - SEC administers federal
securities laws to protect investors from fraud and abuse.
Includes the EDGAR database of corporate financial filings.
The primary mission of the U.S. Securities and Exchange Commission
(SEC) is to protect investors and maintain the integrity of
the securities markets.
The Committee of European Securities Regulators (CESR)
- CESR was established by the European Commission Decision
of June 2001. CESR is an independent Committee regrouping
senior representatives from national public authorities competent
in the field of securities. CESR submits an Annual Report
to the European Commission, which is also sent to the European
Parliament and the Council.
Ministry of Finance (MOF) - The Ministry
of Finance is responsible for the country's fiscal and monetary
matters. It consists of the Prime Minister's secretariat and
seven bureaus. In addition to formulating the national budget,
which is central to fiscal policy, the MOF monitors and guides
banks and securities companies as to current monetary policy,
adjusts the current balance of payments, and determines and
maintains what MOF considers to be an appropriate level in
foreign exchange rates.
Supervisory Agency (FSA) - FSA was established as
an administrative organ responsible for the inspection and
supervision of private sector financial institutions and surveillance
of securities transaction. With the establishment of the Financial
Reconstruction Commission, the FSA became an organization
under the jurisdiction of the said Commission.
Financial Services Authority (FSA) - FSA
is an independent non-governmental body, given statutory powers
by the Financial Services and Markets Act 2000. It is a company
limited by guarantee and financed by the financial services
industry. The Financial Services and Markets Act gives FSA
statutory objectives: market confidence: maintaining confidence
in the financial system; public awareness: promoting public
understanding of the financial system; consumer protection:
securing the appropriate degree of protection for consumers;
and reduction of financial crime.
Swiss Federal Banking Commission (SFBC) -
SFBC supervisory authority of wide areas of the financial
sector in Switzerland. Following are its tasks: supervision
of: banks, investment funds, mortgage bond business, stock
exchanges and securities dealers, disclosure of shareholdings
and public takeover bids. It is in constant contact with the
Swiss Federal Department of Finance and the Swiss National
Bank. In addition, maintains regular contact with various
associations, primarily the Swiss Bankers Association, the
Swiss Funds Association and the Swiss Institute of Certified
Accountants and Tax Consultants.
Laundering Control Authority (MLCA) - MLCA is one
of the supervisory authorities responsible for implementing
the Money laundering Act. It is responsible for the supervision
of all financial intermediaries in the non-banking sector
that are subject to the Money Laundering Act. These in particular
include all those financial intermediaries who, on a professional
basis, accept, or hold in custody, assets belonging to third
parties, or assist in investing or transferring such assets.
Canadian Derivatives Clearing Corporation (CDDC)
- CDDC is the issuer, clearinghouse, and guarantor of equity,
index and interest rate financial derivative contracts traded
on the Montréal Exchange. CDCC also provides clearing,
settlement and administrative services to the Winnipeg Commodity
Exchange and the WCE Clearing Corporation.
Alberta Securities Commission (ASC) http://www.albertasecurities.com
British Columbia Securities Commission http://www.bcsc.bc.ca
Commission des valeurs mobilieres du Quebec http://www.cvmq.com
Manitoba Securities Commission http://www.msc.gov.mb.ca
Ontario Securities Commission http://www.osc.gov.on.ca
Prince Edward Island Securities Office http://www.gov.pe.ca/securities
Saskatchewan Financial Services Commission (SFSC) http://www.sfsc.gov.sk.ca
Australian Securities and Investments Commission (ASIC)
- ASIC enforces company and financial services laws to protect
consumers, investors and creditors. It regulates and informs
the public about Australian companies, financial markets,
financial services organisations and professionals who deal
and advise in investments, superannuation, insurance, deposit
taking and credit. ASIC works with other financial, consumer
and law enforcement bodies in Australia and internationally.
It is an independent Commonwealth government body.
Securities Commission of New Zealand (SEC)
- SEC is a statutory corporation which, in all matters other
than funding and the appointment of Members, is expected to
act independently of the New Zealand Government and others.Its
purpose is to strengthen confidence in New Zealand's capital
markets, both in New Zealand and overseas, by promoting the
efficiency, integrity and cost-effective regulation of these
markets and thereby fostering capital investment in New Zealand.
of International Settlements (BIS) - BIS is an international
organisation which fosters cooperation among central banks
and other agencies in pursuit of monetary and financial stability.
It is based in Basel Switzerland.
Monetary Fund (IMF) - IMF is an international organization
of 184 member countries. It was established to promote international
monetary cooperation, exchange stability, and orderly exchange
arrangements; to foster economic growth and high levels of
employment; and to provide temporary financial assistance
to countries to help ease balance of payments adjustment.
World Bank (WB) - The World Bank is one of the world’s
largest sources of development assistance. Its primary focus
is on helping the poorest people and the poorest countries.
Economic Forum (WEF) - The World Economic Forum is
an independent international organization committed to improving
the state of the world. The Forum provides a collaborative
framework for the world's leaders to address global issues,
engaging particularly its corporate members in global citizenship.
Finance Corporation (IFC) - IFC is the largest multilateral
source of loan and equity financing for private sector projects
in the developing world. It promotes sustainable private sector
development primarily by: Financing private sector projects
located in the developing world; Helping private companies
in the developing world mobilize financing in international
financial markets; Providing advice and technical assistance
to businesses and governments.
of Petroleum Exporting Countries (OPEC) - OPEC is
an international Organization of eleven developing countries
which are heavily reliant on oil revenues as their main source
of income. Membership is open to any country which is a substantial
net exporter of oil and which shares the ideals of the Organization.
The current members are Algeria, Indonesia, Iran, Iraq, Kuwait,
Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates
Energy Agency (IEA) - is based in Paris and is an
autonomous agency linked with the Organisation for Economic
Co-operation and Development (OECD). The IEA is the energy
forum for 26 Member countries. IEA Member governments are
committed to taking joint measures to meet oil supply emergencies.