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- Title
A review of the work of the London Foreign Exchange joint Standing Committee in 2009.
- Abstract
The article reviews the work undertaken by the London Foreign Exchange Joint Standing Committee in 2009. It states that the Committee conducts a review of the British foreign exchange (FX) market and its operation during the financial crisis. It establishes the operations subgroup to set up best-practice standards for vanilla FX option confirmation, and the legal subgroup to provide in-house legal counsel for several major institutions involved in the wholesale FX market in London, England.
- Subjects
UNITED Kingdom; MANAGEMENT committees; FOREIGN exchange; FINANCIAL crises; WHOLESALE trade; MONETARY policy; INTERNATIONAL finance
- Publication
Bank of England Quarterly Bulletin, 2010, Vol 50, Issue 2, p135
- ISSN
0005-5166
- Publication type
Article