CLS, a financial market infrastructure delivering settlement, processing and data solutions across the global FX ecosystem, today announces its working group of 12 settlement members with global operations is participating in a pilot to evaluate potential payment-versus-payment (PvP) solutions for currencies that are not currently eligible for
... Read More
This has become one of the most asked questions in recent times as more and more individuals and institutions trade in them and add them to their portfolios. A valuable resource in this regard is now available. In March 2021 the UK's HM Revenue & Customs published its Cryptoassets Manual. Providing guidance for both individuals and
... Read More
ESG, sustainability and climate change have become a dominant theme of financial markets in recent times. In their white paper published on 14th September 2021, the Global Financial Markets Associations' Global Foreign Exchange Division explore how ESG is impacting, and what it could mean for, the world's biggest financial market - foreign
... Read More
The Global FX Committee has published guidance on last look practices. On 18th August 2021, the Global Foreign Exchange Committee (GFXC) has published its report on last look practices (FX Global Code, principle 17). This report reflects the final determination of the latest review and completes the updated version of the FX Global Code
... Read More
An important contribution from the ACI FMA Crypto Working Group. On 10th September ACI Financial Markets Association (ACI FMA) has submitted a response to the public consultation of the Basel Committee on Banking Supervision, published on 10th June, regarding the prudential treatment of banks’ cryptoasset exposures. Until we receive a
... Read More
Join us on 12 May for our first Quiz of 2021 in aid of Variety, the Children's Charity. Start time: 6:00 p.m. (registration from 5.30 p.m.) - end time c.8.00 p.m. 4 short rounds and 'spot prizes' on the night, including the Best Team Name (selected by the Quizmaster to avoid any suggestion of ballot fraud). Play individually or in a
... Read More