JFD Brokers Adds Demetris Tsingis as Non-Executive Director

JFD Brokers appointed Demetris Tsingis to its Board of Directors, Finance Magnates has learned. The company is expanding its management team with a hire of a figure that is well known in the industry.

With substantial background in dealings with regulators, the new hire will boost the company’s compliance team. The timing of the new appointment to the company’s board is coincides with one of the most challenging environments for European brokers. Companies have come under increased scrutiny and tighter supervision by national financial watchdogs.

JFD Brokers has been operating as a pure DMA/STP brokerage since it was founded in 2011.

Substantial Regulatory Experience

Mr.Tsingis was formerly heading the Financial Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term & Advisory (FRA) department (Cyprus and London) and the Executive Academy departments for Fincap Advisers. The company is one of the leading advisory firms in Cyprus.

With a distinguished career and array of qualifications and accolades, Mr. Tsingis formerly held positions at Arthur Andersen/Deloitte in London, in M&A in BNP Paribas New York, and at the in Private Banking in Bank of Cyprus, after which he returned to the financial advisory space in 2013 where he specialised in the investment sector.

He has worked with regulators across the globe such as the Cyprus Securities and Exchange Commission (CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision Read this Term) and the Financial Conduct Authority (FCA). Tsingis also has experience in dealing with SEC US CBC, MFSA, AMF Canada, FSA Seychelles, ASIC and FSMA Belgium and is a Fellow Chartered Accountant (FCA).

JFD’s CEO and founder Lars Gottwik said: “I am delighted to have such a great industry professional joining our Board. Demetris brings to JFD an outstanding skill set in regards to regulatory framework, investment banking and corporate governance.”