Press Release – Transparency Draft of the Statement of Good Practice on Suspicious Transaction and Order Reporting

The FICC Markets Standards Board (“FMSB”) today publishes a Transparency Draft of a new Statement of Good Practice on Suspicious Transaction and Order Reporting.

This Statement of Good Practice covers the identification of suspicious transactions and orders and their reporting to the relevant regulator. In the UK and other jurisdictions regulated market participants have an obligation report such transactions to their regulator – in the UK this is as a Suspicious Transaction and Order Report (STOR) submitted to the FCA.

Last updated 13 May 2020