Industry slams FSA benchmarking proposal

pg9-metcalfe-gif

The UK's Financial Services Authority (FSA) has come under fire from a group of financial trade associations over its proposals for price benchmarking in fixed-income and derivatives transactions, as part of the best-execution requirements under the European Union's Markets in Financial Instruments Directive (Mifid).

The Bond Market Association, the International Capital Market Association (ICMA) and the International Swaps and Derivatives Association last month issued a highly critical response

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here