International Services Authority of Nauru

The International Services Authority (ISA) of Nauru is a regulating financial organizations established in Nauru. It regulates financial organizations to ensure safety for clients and investors in Nauru. However, it is important to note that it is not associated with the Government of the Republic of Nauru.

The International Supervisory Authority (ISA) of Nauru offers a range of services to support business activities, including step-by-step company registration guidance, comprehensive information on financial licenses such as Investment Dealer, Asset Management, and Banking Licenses, as well as compliance guidelines aligned with both local and international standards.

Regulatory Framework: 

Nauru ISA was established under the laws of the Republic of Nauru to provide for the regulation of financial institutions and businesses. They ensure that licensed entities adhere to both local and global compliance requirements, allowing them to operate in international markets.

Banking and Financial Operations: 

Companies licensed through Nauru ISA have successfully opened bank accounts, obtained IBANs, and connected with SWIFT systems. ISA's regulatory oversight facilitates financial operations, ensuring access to essential global banking services and infrastructure for licensed entities.

Official Documentation: 

Nauru ISA provides formal documentation to affirm the legal standing of the regulatory body. Upon request, an official statement or certificate, signed by the relevant government authority or regulatory official, can be issued to support the legitimacy and recognition of Nauru ISA. 

In addition, please note that there is no clear statement from Nauru ISA regarding its regulation of forex.  

Generally speaking, ISA-regulated broker profile will be found at the Licensed Entities page on ISA website. Try to find it and check if it will match the info from the broker website.

The detailed steps are as below:

1. Find the license no. or name of the forex broker, which you can get from the broker's website; 

2. Enter the company name or license number into the search bar on: https://isanauru.com/licensed-entities

3.  The matching company name and license number would then appear for verification. If the broker's name is not in the list, it means that it may be an unauthorized broker and please watch out it. 

If yes, the broker can provide forex trading service; If no, please keep away the broker because it's probably an unauthorized firm and your money will fall in danger.

When you have disputes with a ISA-regulated broker, you can proceed the following ways:

1st way: The recommended way is to contact the broker directly and discuss with them to find a solution.

2nd way: If you're not satisfied with the broker's solution, try contacting Nauru ISA, who help resolve disputes between forex brokers and investors.

You can submit the complaint directly on the Nauru ISA homepage: https://isanauru.com/.

Enter your contact information and the details of the issue into the online form.

3rd way: If the 2 ways above can't solve the dispute, the last way is to issue a case to the court in Nauru.