Introduction
Existing structure
Existing opportunities
Lessons from other asset classes
Leveraging technology
Precious Metals Market Post-Trade Spotlight Review
Introduction
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Financial Markets Standards Board Financial Markets Standards Board Limited (FMSB) is a private sector, market-led organisation created as a result of the recommendations in the Fair and Effective Markets Review (FEMR) Final Report in 2015. One of the central recommendations of FEMR was that participants in the wholesale markets should take more responsibility for raising standards of behaviour and improving the quality, clarity and market-wide understanding of trading practices. Producing guidelines, practical case studies and other materials that promote the delivery of transparent, fair and effective trading practices will help increase trust in wholesale markets.
Existing structure of post-trade processes Opportunities in the existing post-trade process Learning lessons from other asset classes Leveraging technology: the future for precious metals settlement?
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FMSB brings together people at the most senior levels from a broad cross‑section of global and domestic market participants and end-users.
In specialist committees, sub-committees and working groups, industry experts debate issues and develop Standards and Statements of Good Practice and undertake Spotlight Reviews that are made available to the global community of financial market participants and regulatory authorities. As part of its analysis on the root causes of market misconduct, FMSB is focusing on the challenges of new market structures. Spotlight Reviews Spotlight Reviews encompass a broad range of publications used by FMSB to illuminate important emerging issues in financial markets. Drawing on the insight of members and industry experts, they provide a way for FMSB to surface challenges market participants face and may inform topics for future work. Spotlight Reviews will often include references to existing law, regulation and business practices. However, they are not intended to set or define any new precedents or standards of business practice applicable to market participants.
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Find out more about the Financial Markets Standards Board on our website fmsb.com
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