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
Nov
2024
11
Encompass Corporation, a leading corporate digital identity provider, has joined Financial Markets Standards Board (FMSB) as an Associate Member. The addition of Encompass widens the pool of expertise available to further develop FMSB’s work, via its P …read more.
Oct
2024
07
Financial Markets Standards Board (“FMSB”) has today published the Transparency Draft of its updated Statement of Good Practice (“SoGP”) for Front Office Supervision of Wholesale Traded Markets. Background The Front Office Supervision SoGP was first p …read more.
Oct
2024
02
We were honoured to welcome the Governor of the Bank of England and the Executive Director for Markets to our Standards Board meeting last week hosted by UBS. As we approach the tenth anniversary of the Fair and Effective Markets Review, which led to …read more.
Sep
2024
26
We were delighted to welcome Andrew Douglas (Chair of the UK Accelerated Settlement Technical Group TGT), joining Tim McLeod (Managing Director, Global Head of Securities Lending Operations and Head of International Investment Operations at Blackrock a …read more.
Sep
2024
26
Financial Markets Standards Board (FMSB) has renewed its Consultation Agreement with the Australian Securities and Investments Commission (ASIC). ASIC and FMSB first signed the Agreement in September 2022 to help promote global standards for fair and e …read more.