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news archive14 July 2025 – FMSB features in an article by Andrew Large and published on Reuters. In the article: ‘Guest view: The City of London requires a strategy’, Andrew emphasises the need ‘… to encourage a move more towards a standards-based regulatory approach to international and wholesale finance, based on outputs rather than binary “blackline” rules. Such regulations are necessary in areas such as authorisation and capital adequacy. But writing specific rules to cover new, complex, and fast-changing areas of financial activity can be both stultifying and inhibiting.’
He went on to say, ‘Standards of good practice developed by practitioners have proved an effective complement to FCA regulation in the fixed income markets through the work of the Financial Markets Standards Board, which was set up with official endorsement in the wake of the Libor and foreign exchange scandals…. Standards can also be much more effective in new areas such as artificial intelligence, green finance, and cryptocurrencies, where the required outputs can be defined but the means of delivery are fluid. Moving further in this direction should be part of the government’s strategy.’
CISI’s The Review cites FMSB’s 2022 publication: Behaviour-pattern Conduct Analysis: Market misconduct through the ages in a piece looking at what the history of financial crime can tell us about current misconduct
25 September 2024 – Risk.net piece highlights FMSB Spotlight Review: Pre-hedging Case Studies
28 July 2024 – Regulation Asia features publication of FMSB Spotlight Review on Pre-hedging Case Studies
17 July 2024 – Global Custodian features publication; UK’s FMSB publishes transparency draft of standard for sharing of Standard Settlement Instructions
15 July 2024 – Norton Rose Fulbright | Global Regulation Tomorrow features the publication of the FMSB – Transparency draft on standard for sharing of standard settlement instructions
15 July 2023 – The FullFX features publication of Transparency Draft of the Standard for Sharing Settlement Instructions (SSI’s)
31 May 2024 – FXAlgoNews features launch of final Statement of Good Practice for the application of a model risk management framework to electronic trading algorithms.

Financial Markets Standards Board features in the 2022 Starling Compendium, with a seven-page spread on culture and conduct in the Banking section.
Read it here.
8 December 2021 – Article by Peter Hobson, Reuters
15 October 2021 – Article by Tim Hitchcock in Thomson Reuters: Regulatory Intelligence