Dual reporting and Statement of Good Practice: Difference between pages

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imported>Doug Williamson
(Create the page. Sources: The Treasurer, September 2015, page 10 and DTCC notes http://www.dtcc.com/~/media/Files/Downloads/Data-and-Repository-Services/GTR/GTR-Europe/Explanation-EMIR-Public-Reporting.pdf)
 
imported>Doug Williamson
(Create page. Source - FMSB - 24 June 2020 - https://fmsb.com/fmsb-issues-new-statement-of-good-practice-on-algorithmic-trading/)
 
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Reporting under the European Market Infrastructure Regulation http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2012:201:0001:0059:EN:PDF (EMIR), under which both parties to a transaction report it.
1.  ''Financial markets - conduct - Fixed Income, Currencies and Commodities Markets Standards Board (FMSB).''


Contrasted with single-sided reporting (SSR) of transactions between financial counterparties (FCs) and non-financial counterparties (NFCs), under which only the financial counterparty reports the trade.
(SoGP).


The FMSB issues Standards and Statements of Good Practice for wholesale Fixed Income, Currencies and Commodities (FICC) markets.


== See also ==
FMSB Standards set out Core Principles and accompanying guidance on the most important aspects of practice where ambiguity risks undermining the transparency, fairness and effectiveness of markets.
* [[MiFID]]
 
* [[Trade repository]]
FMSB Statements of Good Practice set out clear expectations and guidance on good practice in relation to broader areas of uncertainty in wholesale FICC markets.
* [[Legal entity identifier]]
 
* [[FC]]
''(Source - FMSB)''
* [[NFC]]
 
* [[SSR]]
 
2.  ''Other markets.''
 
Similar statements and guidance in other markets and areas of work.
 
 
==See also==
* [[Best practice]]
* [[Code of practice]]
* [[Conduct]]
* [[FICC]]
* [[Financial Conduct Authority]]
* [[Financial crisis]]
* [[Fixed Income, Currencies and Commodities Markets Standards Board]]
* [[Good practice]]
* [[Practice note]]
* [[Statement of practice]]
* [[Statement of recommended practice]]
* [[Statement of Standard Accounting Practice]]
* [[Uniform Customs and Practice for Documentary Credits]]
* [[Wholesale]]
 
 
===Other links===
*[https://fmsb.com/our-publications/#3 FMSB's standards]
*[https://fmsb.com/fmsb-publishes-new-financial-markets-misconduct-research/ FMSB database of misconduct cases]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Compliance_and_audit]]
[[Category:Ethics]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Revision as of 11:48, 19 July 2021

1. Financial markets - conduct - Fixed Income, Currencies and Commodities Markets Standards Board (FMSB).

(SoGP).

The FMSB issues Standards and Statements of Good Practice for wholesale Fixed Income, Currencies and Commodities (FICC) markets.

FMSB Standards set out Core Principles and accompanying guidance on the most important aspects of practice where ambiguity risks undermining the transparency, fairness and effectiveness of markets.

FMSB Statements of Good Practice set out clear expectations and guidance on good practice in relation to broader areas of uncertainty in wholesale FICC markets.

(Source - FMSB)


2. Other markets.

Similar statements and guidance in other markets and areas of work.


See also


Other links