We were honoured to welcome the Governor of the Bank of England and the Executive Director for Markets to our Standards Board meeting last week hosted by UBS.
As we approach the tenth anniversary of the Fair and Effective Markets Review, which led to the founding of FMSB, it was an appropriate moment to reflect on all we have achieved since then. FMSB Members, Governor Bailey, and Victoria Saporta discussed how markets have continued to evolve, how new participants are challenging existing norms, and private markets present opportunities but also new risks.
FMSB CEO Myles McGuinness said:
“We are grateful to the Governor and the Executive Director for Markets for taking the time to speak at this meeting and more widely for their continued support for FMSB, and to all our Member firms who make it happen. Almost ten years on from the Fair and Effective Markets Review, our purpose – raising standards across global wholesale markets – remains as important as ever.”