GFMA

The Global Financial Markets Association?is currently seeking a high energy, detail-oriented Administrative Assistant with project management experience who will primarily provide support to the Executive Director, GFMA, and Managing Director, North America, GFMA Global FX Division. The position requires a polished and proactive team player who is able to prioritise and juggle assignments with?C-suite executives?across multiple time zones, possessing tact, diplomacy, and superior office and interpersonal skills.?Experience in financial services is preferable.?This position is based out of the?GFMA Affiliate member?SIFMA Washington, D.C. office. ? If you think you are the right candidate for the job, apply here:?https://lnkd.in/g-46iwz5

Three weeks have passed since we gathered in #London for GFMA's "Next Step FX: The People, Products and Platforms Essential for the Future of FX" event. Today, we're delighted to share a brief video capturing the event's key moments. Watch back what speakers and attendees had to say about their takeaways and experiences. GFMA would like to thank everyone who attended our event and made it a success.

GFMA is delighted to share that Andrew Harvey, Managing Director, Global FX Division at GFMA will speak at AFME (Association for Financial Markets in Europe)'s complimentary webinar entitled:?"T+1 Update: What have we learned from the US? What’s next for Europe?"?on Wednesday,?26 June 2024. Andrew joins an excellent cohort of front-line practitioners and industry leaders on T+1: Pete Tomlinson, Director, Head of Post Trade at AFME (Association for Financial Markets in Europe), Emma Johnson, Executive Directive, Global Custody Industry Development at J.P. Morgan, Anthony Macchiarulo, Financial Services Operations at SIFMA, Susan Yavari, Senior Regulatory Policy Advisor, Capital Markets at EFAMA and Andrew Douglas, Chair, UK Accelerated Settlement Task Force,?Technical Group, UK Government. Register now: https://bit.ly/4egjY45

GFMA, Institute of International Finance and ISDA have submitted a joint response to the Basel Committee on Banking Supervision (BCBS) consultation on the global systemically important bank (G-SIB) revised assessment framework (the “revised G-SIB assessment framework”). We emphasise the importance of developing a revised G-SIB assessment framework based on the concept of a BCBS minimum standard, to support global compliance. We also recommend that any changes to the current framework should be proportional to the anticipated supervisory benefits and should not result in unintended consequences such as reduced data assurance/ quality. Access the consultation response here: https://bit.ly/3VfhnyB

GFMA's Global Foreign Exchange Division (GFXD) was delighted to host today's "Next Step FX" Diversity, Equity, and Inclusion event in #London. The event began with a keynote speech from Sian Hurrell, Global Head of Sales & Relationship Management and Head of Global Markets Europe at RBC Capital Markets. Ms Hurrell emphasised the importance of companies supporting their employees through life challenges as well as career decisions, encouraging everyone to bring their whole selves to work and underscoring the critical role of diversity. The first session, "Evolution of the FX Market - The Market Today," explored the current state and evolution of the FX market, discussing emerging opportunities and trends, changes in market structure, and the various challenging careers within the sector. The second session, "The Future of the FX Market - The Market Tomorrow," focused on the future landscape of the FX market, highlighting the impact of technology such as GenAI, DLT, and tokenization across the FX lifecycle. It also addressed the skills required for the next generation of FX professionals, emphasizing the growing importance of technology in trading, sales, and other functions. We hope that the event provided valuable insights into the current and future landscapes of the FX market, emphasising the importance of diversity and inclusion in fostering innovation and growth within the industry. We would like to extend our thanks to our keynote speaker, all session speakers, and our delegates for making this event a success.

GFMA's Global FX Division (GFXD) is delighted to announce that Sian Hurrell, Global Head of Sales & Relationship Management and Head of Global Markets Europe at RBC Capital Markets will give a keynote address at the third “Next Step FX” Diversity, Equity, and Inclusion?event in London on June 6th, 2024. Register via this link: https://bit.ly/3RbNwG7

It's the final chance to register for?GFXD's third “Next Step FX” Diversity, Equity, and Inclusion?event, in London on 6 June. The event will feature two panel discussion featuring distinguished industry experts, who will share their insights and perspectives on the challenges and opportunities facing the FX Market. Don't miss the networking reception at the conclusion of the panels, providing ample opportunities for attendees to network with FX leaders from the world’s leading FX banks. Register via this link: https://bit.ly/4e3Rz0P

GFMA, on behalf of AFME, SIFMA and ASIFMA, submitted a joint response with Institute of International Finance, ISDA, FIA, Inc. and Financial Services Forum to the Basel Committee on Banking Supervision (BCBS) consultation on proposed cryptoasset standard amendments. GFMA and the associations welcome the BCBS’s continued focus on designing and improving the prudential framework for cryptoassets.?The response comments on key topics such as public permissionless blockchains, classification condition 2 and settlement finality, and group 1b eligibility.?The trades look forward to ongoing collaboration as these markets continue to evolve. Read the full consultation response here: https://bit.ly/4cDsLMx

AFME on behalf of GFMA has submitted a response to the Basel Committee Banking Supervision consultation on the recalibration of shocks for interest rate risk in the banking book.?While some aspects of the proposals appear timely and well considered we have strong reservations in relation to the potential impacts of the proposed increase in the confidence level and we recommend an adjustment to the rounding approach. Read the consultation response here: https://bit.ly/3TTUkcX

GFMA's Global FX Division (GFXD)?is pleased to announce that its third GFXD "Next step FX" Diversity, Equity and Inclusion event, will take place in London on 6 June 2024. ? This event will again showcase the Foreign Exchange (FX) market, focusing on its evolution and future developments and how this is creating opportunities for a rewarding career in FX. ? At the conclusion of the event, there will be a networking reception, which will offer opportunities for attendees to network with FX leaders from the world’s leading FX banks. ? Register now:?https://bit.ly/3vljWpN