Memorandum of Understanding (“MoU”) between FMSB, the Bank of England and the Financial Conduct Authority
A Memorandum of Understanding (MoU) has been agreed with FMSB, the Bank of England and the Financial Conduct Authority. This tri-partite MoU sets out a high-level framework formalising the continuing cooperation between FMSB, the Bank and FCA in relation to the delivery of FMSB’s primary objectives as recommended in the […]
The Governor of the Bank of England, Andrew Bailey, made reference to FMSB’s work in a speech on 11 May 2021 at the Alternative Reference Rates Committee’s ‘SOFR Symposium: The Final Year’ about the move away from the use of LIBOR. Read the speech here: Descending safely: Life after Libor […]
On 5 March 2020, the Financial Conduct Authority (FCA) published Discussion Paper 20/1 ‘Transforming culture in financial services: Driving purposeful cultures’. The paper is a set of essays which present a range of views from industry leaders, professional bodies and culture experts to help firms embed purposeful cultures. It makes the case […]
True Finance – Ten years after the financial crisis Speech given by Mark Carney Governor of the Bank of England Chair of the Financial Stability Board Economic Club of New York 19 October 2018 Read the speech here: https://www.bankofengland.co.uk/speech/2018/mark-carney-economic-club-of-new-york?utm_source=Bank+of+England+updates&utm_campaign=3a5090062e-EMAIL_CAMPAIGN_2018_10_19_04_00&utm_medium=email&utm_term=0_556dbefcdc-3a5090062e-111026421
Take a look at the video of Mark recorded from the 2018 Refinitv Regulatory Summit in Hong Kong in October 2018.
Addressing Misconduct in Capital Markets, Keynote Speech at 2018 Refinitiv Pan Asian Regulatory Summit
Ms Julia Leung Deputy Chief Executive Officer and Executive Director, Intermediaries 9 October 2018 Good morning. It’s an honour to be invited to the 2018 Refinitiv Pan Asian Regulatory Summit to deliver this keynote speech. We live in a time of great promise and great peril. New technologies are having […]
20 July 2018 – CFTC Talks features FMSB Chair Mark Yallop in this week’s podcast. Topics discussed include the enormous cost to the world financial system of bad behaviour, how to historically break down market misconduct into 7 categories and why trust is the heart of the financial markets. Link […]
City Week 2018: Securing Continuity Against a Backdrop of Global Change – The Challenge of Regaining Public Trust in Financial Services Panel
24 April 2018 – FMSB Chair, Mark Yallop participates in The Challenge of Regaining Public Trust in Financial Services panel at the City Week 2018: Securing Continuity Against a Backdrop of Global Change event. Link to Video
Danielle Myles speaks with Mark Yallop, Chair of the FICC Markets Standards Board about why regulation alone can’t govern market behaviour and misconduct’s cost to the banking industry.