Regulatory Alerts2026-07-02
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Minutes of the London FXJSC Main Committee Meeting – 26 March 2026
The Bank of England, chairing the London Foreign Exchange Joint Standing Committee, convened on 26 March 2026 to review market conditions, survey results, and regulatory updates. The Committee discussed orderly FX market functioning amid Middle East conflict-driven volatility, noted a 5% survey-on-survey decline in daily average turnover to $3,850 billion, and assessed the slow adoption of digital asset solutions. Key regulatory developments included updates on the FX Global Code review, EU benchmark and stablecoin regulation, and ongoing considerations regarding trade allocations and pre-hedging guidance.
Topics
fx
crypto
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