Euro zone and Statement of Good Practice: Difference between pages

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imported>Doug Williamson
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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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The collective name for the 19 countries adopting European Monetary Union (EMU) in full.
1. ''Financial markets - conduct - Fixed Income, Currencies and Commodities Markets Standards Board (FMSB).''
Sometimes written 'Eurozone', 'eurozone' or 'Euro-zone'.


More formally known as the 'euro area' and more informally as 'euroland'.  
(SoGP).


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


The 19 countries in the euro area are:
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.


Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia and Spain.
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)''


The nine European Union (EU) countries which are not in the euro area are:


Bulgaria, Croatia, the Czech Republic, Denmark, Hungary, Poland, Romania, Sweden and the United Kingdom (UK).
2. ''Other markets.''


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


====Brexit====
A referendum in the UK in June 2016 resulted in a vote for the UK to begin the process of leaving the EU.


==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]]


== See also ==
* [[Brexit]]
* [[Central bank]]
* [[Eurobond]]
* [[European Central Bank]]
* [[European Financial Stability Facility]]
* [[European Monetary Union]]
* [[European Union]]
* [[Grexit]]


===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]]
==== Currencies of EU countries not in the euro area ====
[[Category:The_business_context]]
* [[BGN]]
[[Category:Compliance_and_audit]]
* [[HRK]]
[[Category:Ethics]]
* [[CZK]]
[[Category:Identify_and_assess_risks]]
* [[DKK]]
[[Category:Manage_risks]]
* [[HUF]]
[[Category:Risk_frameworks]]
* [[PLN]]
[[Category:Risk_reporting]]
* [[RON]]
[[Category:Financial_products_and_markets]]
* [[SEK]]
* [[GBP]]
 
[[Category:Long_term_funding]]

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

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