UK:
Bank Of England Announces Open Forum On Assessment Of The Reforms Impacting The FICC Markets
23 June 2015
Shearman & Sterling LLP
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On June 11, 2015, the Bank of England announced an Open Forum,
that will take place in autumn this year, to assess the financial
regulatory reforms affecting the FICC markets that are already
implemented or in train. Alongside the announcement, the Bank
published a paper detailing its analysis of the short fallings of
the FICC market, issues with its own frameworks and operating
procedures, measures to rectify those failings and the difficulties
that remain. Further details of the Open Forum will be published in
due course. In the meantime, stakeholders are invited to register
their interest in attending the event through the Bank of
England's website.
The announcement is available at: http://www.bankofengland.co.uk/markets/Pages/openforum.aspx
and the related document is available at: http://www.bankofengland.co.uk/markets/Documents/openforum.pdf.
The content of this article is intended to provide a general
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