A FMSB Statement of Good Practice Transparency Draft today sets out the view of market practitioners and invites comment on how the wholesale markets industry can apply their existing model risk management frameworks in a proportionate way to electronic trading algorithms.
We invite comments on this Transparency Draft. Please send them to secretariat@fmsb.com by 22 September 2023.
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...
On International Women's Day Sabina Liu, the first participant in FMSB's Board mentoring programme, shares her perspective on how the programme benefitted both her and FMSB, as well as giving her advice to anyone aspiring to board roles in financial services. 1. You...
This Financial Markets Standards Board (“FMSB”) Transparency Draft is applicable to firms when onboarding or reviewing client files under the UK requirements for KYC and AML. It proposes a Standard for the Documentation Requirements, and processes for obtaining such...