Forex regulation

With 35% of the world's private assets managed by Swiss and foreign financial institutions based in Switzerland, the country has a long established tradition as one of the world's largest financial centres.
Banks and financial companies withholding customers' funds are obliged to adhere to the very strict standards of the Swiss financial authorities and must follow precise due diligence procedures and trading practices.

Since the 1st of April 1998 laws against money laundering (LBA) Swiss regulatory authorities have considerably tightened financial controls of banks and financial intermediaries obliging these institutions to be affiliated with and supervised by a recognized self-regulatory organization. ACM is fully compliant with the aforementioned directives and is subject to Swiss law and all applicable financial regulations.

ACM is directly regulated by the Swiss Federal Department of Finance (FDF).

ACM is audited by Ernst & Young. Ernst & Young is one of the top 3 largest multinational auditing companies in the world ranking alongside Price Waterhouse Coopers and KPMG.

ACM, ISO 9001 certified by SGS Following a detailed audit by SGS (the world leading inspecting, verification testing and certification company), ACM has successfully obtained the ISO 9001 certification on the 12th of September 2006 which involves the establishment of a Quality Management System to provide a set of processes that ensure a common sense approach to management of the audit function. The QMS ensures consistency and improvement of working practices, which in turn provides products and services that meet customer requirements.

The implementation of ISO 9001 provides further strength to ACM in achieving key objectives and ensuring high levels of customer satisfaction.

ACM is the only foreign exchange broker to have accomplished to obtain the ISO9001 norm.

ISO 27001 is an international standard which permits companies to obtain certification attesting of the effective implementation of an Information Security Management System (ISMS). This standard guarantees those concerned (clients, shareholders, partners...) that the security of information systems has been taken into account and that the company is committed to a process of constantly improving the conservation and protection of data in its possession. This certification involves a process of a series of meticulous audits covering the whole of the company for one year. These audits aim to develop an evaluation scale of the risks in the various departments, then preventative measures are proposed and tested in order to constantly improve data protection, whether this data is electronic or on paper.

This certification is awarded by the Societe Generale de Surveillance (SGS), leader in international certification.

ACM is a member of The Geneva Chamber of Commerce and Industry.

The CCIG is a private association bringing together more than 1,400 businesses, of all sizes and from all industry sectors, along with their managers and trade associations.

ACI SUISSE is the Swiss chapter of ACI International, based in Paris. Founded in 1955, ACIFMA is now the largest international association of wholesale financial market participants representing more than 18,000 individuals from over 81 countries, of which 65 are ACIFMA affiliates.

ACI SUISSE was founded in 1956 under the name of FOREX Suisse and and now totals more than 1'000 members.

The mission of the Financial Markets Association (ACI SUISSE) is to be the leading association representing the interests of the Swiss financial markets by actively promoting the educational and professional interests of its members and the market place.

ACI members are financial market professionals who work in the foreign exchange, money market, capital market and derivative sectors of the Swiss marketplace. ACI promotes the professional and educational interests of its members by strengthening the self-regulatory nature of the Swiss wholesale financial markets.