FMSB – Two Years on From the Fair and Effective Markets Review

Event Date: 29 November 2017

The FICC Markets Standards Board (FMSB) Two Years on From the Fair and Effective Markets Review event featured keynote speakers Mark Carney, Governor of the Bank of England and Andrew Bailey, CEO of the FCA.

In addition to the keynote speeches, the event had three panels:

Panel 1 – Market Led Change: How Standards are Developed – How Standards are Used

Moderator: Marc Bailey – Managing Director, Sucden Financial Limited (FMSB Board Member and Chair of the FMSB Commodities Sub-Committee)

Panellists:

Jonathan Brown – Head of Lending and Portfolio Management, EMEA, Barclays (Chair of the FMSB Spreads Sub-Committee and member of the FMSB Rates Sub-Committee)

Brad Crombie – Standard Life Aberdeen (FMSB Advisory Council member)

Serge Gwynne – Partner, Oliver Wyman (FMSB Board member and member of the FMSB Commodities, FX and BCA Sub-Committees)

Vandita Pant – Group Treasurer and Head of Europe, BHP (FMSB Advisory Council member and FMSB Board member)

Panel 2 – Emerging Vulnerabilities in Wholesale Markets

Moderator: Jonathan Holt – Head of Financial Services, KPMG (KPMG is a FMSB Associate member firm)

Panellists:

James Kemp – Managing Director, Global Financial Markets Association (GFMA) (FMSB Board Member, Chair of the FMSB FX Sub-Committee and member of the FMSB Codes & Standards Convergence and Conduct & Ethics Sub-Committees)

Scott O’Malia – CEO, International Swaps and Derivatives Association (ISDA)

Dave Ramsden – Deputy Governor for Markets and Banking, Bank of England

Mahnaz Safa – Head of Markets Europe and America, ANZ (ANZ is a FMSB member firm)

Panel 3 – The Intersection of E-Commerce and Regulatory Change

Moderator: Stuart Wexler – Group General Counsel, NEX Group PLC (FMSB Advisory Council and Board Member)

Panellists:

Zar Amrolia – Co-CEO, XTX Markets (FMSB Board and Advisory Council member, Co-Chair of the FMSB Electronic Trading & Technology Committee and Chair of the FMSB Trading Rule Books & System Outages Working Group)

Enrico Bruni – Head of Europe & Asia, Tradeweb (FMSB Board member and member of the FMSB FI Rates Sub-Committee)

Brian Oliver – Head of FICC Sales and Relationship Management, Europe and Asia, Citadel Securities (FMSB Board member)

Chris Purves – Co-Head, Global FRC Trading, UBS (FMSB Board member, Co-Chair of the FMSB Electronic Trading & Technology Committee and Chair of the FMSB Algo Governance Working Group)

Photos from this event.

  • Panel discussion 2017
  • FMSB Event_04

Videos from this event.

Press Release – FMSB Event (post), 30 November 2017

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

FMSB Event, 29 November 2017, Opening Remarks by Mark Yallop

Mark Yallop, FMSB Chair, delivered the opening remarks at the FMSB – Two Years on From The Fair and Effective Markets Review event on 29 November 2017. A full transcript of his speech is available here.

“Turning Back the Tide” – Speech delivered by Mark Carney on 29 November 2017 at the FMSB Event

Governor of the Bank of England Mark Carney’s speech delivered on 29 November 2017 at the FMSB – Two Years on From the Fair and Effective Markets Review event.