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Bond market standard setter identifies 73 risks

FICC Markets Standards Board's 'horizon scan' throws up various issues to address in the drive for best practice

Bond market standard setter identifies 73 risks
Photo: iStockphoto

The body created to improve standards in the fixed income markets in the wake of the Libor scandal and other wrongdoing has identified no fewer than 73 areas worthy of its attention.

In its annual report, the Fixed Income, Currencies and Commodities Markets Standards Board said it had completed what it called an "initial horizon scan" of "potential practice areas which require clarification by way of standards and/or statements of good practice".

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