FICC Standards Board (FMSB) issues new Standard on Secondary Market Trading Error Compensation

London, 20 March 2018 – The FICC Markets Standards Board (“FMSB”) today publishes its Transparency Draft Standard on Secondary Market Trading Error Compensation. The Standard deals with the issues concerning how compensation should be paid following a trading error. It sets out that compensation can be paid in the following ways: • By direct payment […]

Bloomberg’s Week in Pictures

Bank of England Governor Mark Carney delivers a speech at an FICC Markets Standards Board event in London on Wednesday. Carney stepped up the U.K.’s focus on cleaning up financial markets as he announced the next stage in efforts to replace Libor. Photographer: Jason Alden/Bloomberg

Mark Carney, Governor of the Bank of England, commends FMSB for progress in building real markets for the good of the people

30 November 2017, London At an event hosted by the FICC Markets Standards Board (“FMSB”) yesterday, Mark Carney, Governor of the Bank of England, spoke of the FMSB’s work as an integral part of the Fair and Effective Markets Review (FEMR), and called for a comprehensive and dynamic solution to market regulation. He said: “Total […]