Financial Markets Standards Board (“FMSB”) has today set out its Workplan for 2025.
The 2025 Workplan includes work that is currently in progress across FMSB’s five Committees, as well as topics that have been raised for consideration in 2025. In line with FMSB’s mandate, the topics selected aim to address one or more of the following objectives, with the outputs seeking to create clear, widely understood and practical common standards or good practices that are consistently upheld:
- Reduce uncertainty and ambiguity in current market practices
- Bridge the gap between regulation and market developments
- Respond to financial market threats or trends
- Strengthen and converge international market standards
Myles McGuinness, CEO of FMSB, said:
“We are pleased to set out FMSB’s Workplan for 2025. The wide range of work currently in progress, as well as those topics that have emerged from Committees’ horizon scanning as potential areas of focus is a reflection of Members’ engagement and trust in FMSB’s processes and outputs.
FMSB is a unique organisation that brings the industry and other relevant stakeholders together to address both behavioural and operational market challenges in an effective, pragmatic way.
This year we have already issued a Statement of Good Practice on Front Office Supervision and our final Standard on the Sharing of Standard Settlement Instructions will be issued shortly. We look forward to concluding work in Carbon Markets and Grey Market Trading with meaningful, applicable output, as well as commencing work on some of the new areas Members have identified where FMSB Standards, or Statements of Good Practice can play a valuable role.”
Among the topics that are currently work in progress and potential work streams across FMSB’s five Committees are:
More detail on our work in progress and potential topics can be found in the complete 2025 Workplan, set out on our website.
About FMSB:
- Financial Markets Standards Board (FMSB) is an industry-led, member-funded global standards body for the wholesale financial markets.
- Created out of the Fair and Effective Markets Review (FEMR) in 2015, FMSB brings together its Members from banks, investment institutions, infrastructure and information providers, corporates, pension funds and interdealer brokers, to develop Standards, Statements of Good Practice and Spotlight Reviews that raise standards of behaviour, competence and awareness – to promote the fairness and effectiveness of global wholesale financial markets.
- As well as standard setting, subject matter experts from member firms debate issues in working groups and are able to benchmark their approaches against industry peers, thus helping to lift standards of conduct.
- FMSB’s full membership list is here
For more information/ media inquiries:
Laura Conaghan
+44 (0)7929 72669
Laura.conaghan@fmsb.com