FICC standards group sets sights on 70'grey areas' to avoid regulatory action

摘要

The standards board for fixed income markets sees dozens of grey areas that could open the door to conflicts of interest, and is aiming to clarify and codify the rules around them. The ficc market standards board aims to produce as many as a dozen pieces of work - a set of standards or guidelines - this year to address some of those issues, chairman Mark Yallop told IFR. From the mechanics of government bond auctions to the impact of new issues on secondary markets, Yallop identified some 70 potential troublespots.