FSB announces review of FX benchmarks

Paul Fisher Bank of England
Paul Fisher, Bank of England

The Financial Stability Board (FSB) is to include foreign exchange in its ongoing review of financial benchmarks, the high-level advisory group on financial regulation announced Friday.

The FSB has set up a new sub-group called Foreign Exchange Benchmarks, chaired by Guy Debelle, assistant governor at the Reserve Bank of Australia and Paul Fisher, executive director for markets at the Bank of England (BoE).

The newly set-up working group will undertake "a review of FX benchmarks
and will analyse

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