International bond and Statement of Good Practice: Difference between pages

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imported>Michelle
(Undo revision 17439 by Michelle (talk))
 
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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1.  
1. ''Financial markets - conduct - Fixed Income, Currencies and Commodities Markets Standards Board (FMSB).''


Formerly (and still much more commonly) known as a Eurobond.
(SoGP).


An offshore bond, normally issued in a [[Eurocurrency]], in the international capital markets.
The FMSB issues Standards and Statements of Good Practice for wholesale Fixed Income, Currencies and Commodities (FICC) markets.


Maturities at issue are normally greater than one year.
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.


They are usually - but not always - in bearer form.
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.


They can be issued on any interest basis.
''(Source - FMSB)''




2.  
2. ''Other markets.''


Any bond issued outside the country of domicile of the issuer.
Similar statements and guidance in other markets and areas of work.




3.
==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]]


The term is also sometimes used (incorrectly) to refer to a global bond.


===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]


== See also ==
[[Category:Accounting,_tax_and_regulation]]
* [[Domestic bond]]
[[Category:The_business_context]]
* [[Eurobond]]
[[Category:Compliance_and_audit]]
* [[Eurocurrency]]
[[Category:Ethics]]
* [[Foreign bond]]
[[Category:Identify_and_assess_risks]]
* [[Global bond]]
[[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

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