FX Regulatory Changes in 2023

Ep 6 | The Global Code of Conduct and the FX Markets

LSEG FX — Thu, 20 Jul 2023 13:50:42 +0000

In our sixth and final episode of this limited podcast series we talk about the FX Global Code of Conduct and FX markets, and what changes we can expect in the future. We discuss why the FXindustry needs a code of conduct, and how regulators think about spot FX that falls outside the regulatory perimeter.

Host:
Mike Cahill, Head of Video & Podcast Content Production for Sales Enablement, LSEG

Guest:
Chris Leonard Appleton, Head of FX Risk & Regulation, LSEG

Ep 5 | European Regulatory Developments

LSEG FX — Thu, 20 Jul 2023 13:47:55 +0000

Our focus here is on European regulatory developments. We're talking with Chris Leonard Appleton, Head of FX Risk and Regulation at LSEG. Europe has driven regulatory developments in financial services in recent years, in particular with MiFID II in 2018. There is an ongoing MiFID review right now – are we facing a new MiFID III? We also ask what can we expect to change as part of the review, and can the changes be described as net positive or negative? We also touch on DORA and operational resilience in general.

Host:
Mike Cahill, Head of Video & Podcast Content Production for Sales Enablement, LSEG

Guest:
Chris Leonard Appleton, Head of FX Risk & Regulation, LSEG

Ep4 | How SA-CCR and UMR are Affecting Trading and LSEG Solutions

LSEG FX — Thu, 20 Jul 2023 13:44:19 +0000

In this episode of our series on FX Rules Changes in 2023, we'll be looking at how SA-CCR and UMR are affecting trading and the solutions LSEG can provide to clients. We delve into what SA-CCR and UMR are exactly, and who do they impact? How has FX trading been affected by the introduction of these regulatory requirements? And finally we explore what LSEG is doing to support clients in navigating these regulatory developments.

Host:
Mike Cahill, Head of Video & Podcast Content Production for Sales Enablement, LSEG

Guest:
Chris Leonard Appleton, Head of FX Risk & Regulation, LSEG

Ep3 | The UK Temporary Permission Regime and its impact on FXall

LSEG FX — Thu, 20 Jul 2023 13:41:57 +0000

In this episode, we focus on the UK temporary permission regime and its impact on FXall. What is the UK's temporary permission regime and why is that important? How are FXall customers impacted, and what are the timeline considerations for customers to reach through this transition?

Host:
Mike Cahill, Head of Video & Podcast Content Production for Sales Enablement, LSEG

Guest:
Chris Leonard Appleton, Head of FX Risk & Regulation, LSEG

Ep2 | Brexit, Equivalence & Cross-Border Trading

LSEG FX — Thu, 20 Jul 2023 13:40:15 +0000

The second episode of our series on FX Rules Changes in 2023 zeroes in on Brexit Equivalence and cross-border trading. We ask how are Brexit equivalence and cross-border trading impacting the FX environment? We also discuss how LSEG has responded in the last few years to all these developments, and explore any jurisdictions that are causing particular concern.

Host:
Mike Cahill, Head of Video & Podcast Content Production for Sales Enablement, LSEG

Guest:
Chris Leonard Appleton, Head of FX Risk & Regulation, LSEG

Ep1 | Setting the Scene: Global Regulatory Developments in FX

LSEG FX — Thu, 20 Jul 2023 13:35:42 +0000

Our first episode provides an introduction and overview of the regulatory landscape effecting the foreign exchange market. Largely driven by the repercussions of Brexit, the regulatory landscape is seeing much movement driven by Brexit-led initiatives. This first episode touches on the expiry of the Temporary Permission Regime, the Retained EU Law (Revocation and Reform) Bill, and the Financial Services and Markets Bill.

Host:
Mike Cahill, Head of Video & Podcast Content Production for Sales Enablement, LSEG

Guest:
Chris Leonard Appleton, Head of FX Risk & Regulation, LSEG