Regulatory Alerts2026-07-02
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Minutes of the London FXJSC Legal Sub Committee Meeting – 17 March 2026
The Bank of England chairs the London FXJSC Legal Sub-Committee, which reviewed regulatory developments impacting the foreign exchange market during its March 2026 meeting. The committee discussed the narrowing scope of the EU Benchmarks Regulation, the UK's targeted approach to stablecoins, and the implementation challenges of the EU AI Act. Additionally, members agreed to review 2018 competition guidance, address ISDA consultation outcomes, and appoint a Deputy Chair to align governance with the Operations Sub-Committee.