On 13 July 2017, the third installation of the Asian Institute of Chartered Bankers (AICB)’s Global Banking Discourse Series for 2017, titled “Tricks of the Trade – (Mis)behaviour of Financial Markets” was held at Conference Hall 1, Sasana Kijang, Kuala Lumpur. Over 120 attendees were at the event, which featured speakers from the FICC Markets Standards Board Limited (FMSB) and Oliver Wyman consultancy. The objective of the event was to discuss how financial market abuses take place as well as the safeguard measures financial institutions need to identify in order to reduce financial market abuse risks.
FMSB issues final Statement of Good Practice for the application of a model risk management framework to electronic trading algorithms
Financial Markets Standards Board (FMSB) today launches its final Statement of Good Practice for the application of a model risk management framework to electronic trading algorithms. Sophisticated modelling techniques used for calculating trading risk and required...