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
Aug
2024
01
The Toronto-Dominion Bank has joined Financial Markets Standards Board (FMSB) as a Full Member. The addition of The Toronto-Dominion Bank further broadens FMSB’s international reach and the impact of its work setting Standards and developing good pract …read more.
Jul
2024
26
Financial Markets Standards Board (FMSB), the market-led, global standards body for fair and effective wholesale financial markets, has today released a Spotlight Review on pre-hedging. What is pre-hedging? The practice is generally understood as hedg …read more.
Jul
2024
12
This Financial Markets Standards Board (“FMSB”) Transparency Draft of Standard for Sharing of Standard Settlement Instructions (SSIs) is applicable to Firms when sharing their own SSIs, or where they manage their clients’ SSIs as part of their commerci …read more.
Jul
2024
09
Moody’s Corporation has joined Financial Markets Standards Board Limited (FMSB) as a Full Member. The addition of Moody’s further broadens FMSB’s membership base and deepens the expertise available to draw upon, via its Committees and Working Groups, t …read more.
Jun
2024
04
Financial Markets Standards Board (FMSB), a market-led, global standards body for fair and effective wholesale financial markets, has joined the International Organization of Securities Commissions (IOSCO) as an Affiliate Member. Joining IOCSO supports …read more.