The Financial Markets Standards Board (FMSB) is a practitioner-led standards setter.
We work directly with market practitioners
and others globally, including:
FMSB is an industry-led, member-funded, not-for-profit, global standards body for the wholesale financial markets. Our Members represent all parts of the wholesale financial industry: banks, investment institutions, infrastructure providers, corporates, pension funds and interdealer brokers. Collectively, they account for a significant proportion of the global wholesale financial market.
FMSB produces a range of publications, driven by a structured approach to horizon scanning and actively developed by Members in our five Committees.
FMSB Standards
Standards of market practice that Members are formally committed to adhere to.
Statements of Good Practice (SoGP)
Reflecting FMSB’s view of what constitutes best practice in a particular area. Members are expected to review and adapt their own market practices to align with relevant SoGPs although there is no formal adherence requirement.
Spotlight Reviews
Focused on important emerging issues, drawing on the insight of Members and industry experts to highlight new challenges for the market and inform topics for future work.
Find out more about FMSB:
News and publications
Mar
2025
18
Droit, a regulatory technology firm, has joined Financial Markets Standards Board (FMSB) as an Associate Member. The addition of Droit widens the pool of expertise available to develop FMSB’s work, via its Conduct & Ethics Committee in particular, …read more.
Feb
2025
19
We are looking for an individual to join the Financial Markets Standards Board (FMSB) Secretariat as a Technical Director. This is an exciting opportunity to play a key role in shaping standards for fair and effective financial markets. As Technical Di …read more.
Feb
2025
11
We are pleased to announce that Gareth Murphy, Group Chief Risk Officer at abrdn and Alison Higgins, Markets Head for UK, Europe, and the Americas and Global Head of Control for Markets at Standard Chartered Bank, are taking on the role of joint Chairs …read more.
Jan
2025
27
Financial Markets Standards Board (“FMSB”) has today published its Standard for Sharing of Standard Settlement Instructions (SSIs) as final. The Standard aims to increase the adoption of electronic solutions that allow for standardisation and pre-auth …read more.
Jan
2025
23
Financial Markets Standards Board (“FMSB”) is pleased to launch its Board mentoring programme for 2025. FMSB successfully piloted the programme over the past 18 months, with two candidates taking part. The 2025 programme offers the opportunity for an …read more.