Mark Yallop addressed the Fair and Effective Markets Review (FEMR) Conference on September 29, 2016. A full transcript of his speech, “Regulation, Ethics and Standards in Wholesale Financial Markets”, is available here.
FMSB issues final Statement of Good Practice for the application of a model risk management framework to electronic trading algorithms
Financial Markets Standards Board (FMSB) today launches its final Statement of Good Practice for the application of a model risk management framework to electronic trading algorithms. Sophisticated modelling techniques used for calculating trading risk and required...