FMSB issues new ‘Statement of Good Practice for Participation in Sovereign and Supranational Auctions in Fixed Income Markets’

2 December 2019: The FICC Markets Standards Board (FMSB) today issued a Transparency Draft of a new Statement of Good Practice for Participation in Sovereign and Supranational Auctions (‘SSAs’) in Fixed Income Markets. A common way for government or supranational bonds to be issued is through a publicly announced auction. Auctions involve multiple parties/participants including […]

FMSB finalises Conflicts of Interest Statement of Good Practice

14 October 2019: The FICC Markets Standards Board (FMSB) has today published the final version of a Statement of Good Practice on the issue of Conflicts of Interest. This Statement of Good Practice aims to provide practical, working level guidance and examples for market participants to draw on, as they consider ways to prevent, manage […]

FICC Markets Standards Board finalises Information & Confidentiality Statement of Good Practice

3 October 2019 – The FICC Markets Standards Board (“FMSB”) has today published the final version of a Statement of Good Practice on the issue of Information & Confidentiality. This Statement of Good Practice seeks to bring clarity to the complex issue of sharing information in Fixed Income and Commodities markets and dealing with confidential […]

FMSB appoints Martin Pluves as Chief Executive Officer

25 July 2019 – The FICC Markets Standards Board (“FMSB”) today announces the appointment of Martin Pluves as its new Chief Executive Officer. Martin joins FMSB from LCH Group, where he was Chief Executive of LCH Ltd. He has spent a decade at LCH in a variety of senior roles and was appointed CEO of […]

FMSB issues new Statement of Good Practice on Conflicts of Interest

London, 20 June 2019 – The FICC Markets Standards Board (“FMSB”) today publishes a Transparency Draft of a new Statement of Good Practice on Conflicts of Interest. The primary aim of this Statement of Good Practice is to provide guidance for FICC market participants as they consider ways in which to identify, prevent, manage or […]

FMSB appoints Edward Ocampo and Michael Cole-Fontayn as non-executive directors

London, 18 March 2019 – The FICC Markets Standards Board (FMSB) announces that it has appointed Edward Ocampo and Michael Cole-Fontayn as new non-executive directors. Edward Ocampo is an Advisory Director at Quantile Technologies, which provides portfolio risk management services for derivatives markets.  Prior to joining Quantile Technologies, he spent four years as a Senior […]

FMSB Annual Report 2018 sets out progress made in delivering fair and effective markets

London, 18 March 2019 – The FICC Markets Standards Board (FMSB) has today issued its 2018 Annual Report setting out the progress made to enhance standards of behaviour in the wholesale Fixed Income, Currencies and Commodities (“FICC”) markets. FMSB is a private sector, market-led organisation which was created in 2015 to raise standards of conduct […]

FICC Markets Standards Board (FMSB) finalises new Standard on Secondary Market Trading Error Compensation

London, 28 January 2019 – The FICC Markets Standards Board (“FMSB”) has today published the final version of its Standard on Secondary Market Trading Error Compensation under its remit to improve conduct and raise standards in the wholesale Fixed Income, Currencies and Commodities markets. The new Standard sets out expected behaviours that are designed to […]

FICC Markets Standards Board (FMSB) finalises new Statement of Good Practice

London, 15 January 2019 – The FICC Markets Standards Board (“FMSB”) has today published the final version of its Statement of Good Practice on Suspicious Transaction and Order Reporting under its remit to improve conduct and raise standards in the wholesale Fixed Income, Commodity and Currency markets. The Statement of Good Practice deals with the […]

FMSB publishes new financial markets misconduct research

London, 27 July 2018 – The FICC Markets Standards Board (“FMSB”) today publishes its Behavioural Cluster Analysis (“BCA”) study. This is a unique piece of research that has reviewed the behavioural patterns in 390 cases of misconduct in financial markets over an extended period of time (225 years stretching back to 1792) and covering 26 […]