UKForex Limited is a wholly owned subsidiary of OzForex. OzForex is a subsidiary of Macquarie Bank, one of Australia's leading financial organisations. Macquarie Bank subjects its majority and wholly owned subsidiaries, including OzForex, to risk and compliance audits on an annual basis.
In the United Kingdom under the Money Laundering Regulations 2003, commercial foreign exchange companies are treated as "Money Service Businesses" which are covered by regulations administered by HM Revenue & Customs. Activities falling within the scope of the Money Service Business include the operations of bureau de change, transmission of money by any means and the cashing of third party cheques.
UKForex Limited holds a certificate of registration for Money Laundering Regulation (MLR). Registration number: 12219180.
In Canada CanadianForex is regulated by FINTRAC (Reporting Entity Number 11503).
In Australia OzForex has an Australian Financial Services Licence (AFSL) issued by ASIC to deal and give advice in foreign exchange and derivatives. This licence can be viewed by following this link to the ASIC website: (AFS Licence number 226 484).