Minutes of the London FXJSC Main Committee Meeting – 24 June 2026
RegCanary analysis of a Bank of England publication
Why it matters
RegCanary's analysis of what this means for regulated firms.
While these minutes do not introduce binding rules, they signal the Committee’s continued focus on wholesale FX market structure, conduct, and resilience. For compliance teams, this is an informational update that should prompt a review of existing FX policies, execution practices, and surveillance frameworks. Key considerations include adherence to the FX Global Code, management of settlement and counterparty risks, and monitoring for any emerging supervisory expectations.
Firms should also assess whether their voice and electronic trading controls remain robust. Actionable steps: circulate the minutes to relevant front-office and compliance staff; check for any follow-up consultations or workstreams; and consider whether current FX governance arrangements align with the Committee’s discussions. No immediate deadlines are set, but proactive engagement can reduce future regulatory friction and demonstrate good market conduct.
RegCanary will continue to monitor for any substantive changes.
Who this affects
Sectors and firm types identified in the analysis.
- General Regulation
Source
Bank of England
Original publication, 7 October 2026
Read the original publication bankofengland.co.ukThis is RegCanary's analysis, not the regulator's text. It summarises and interprets the publication above; it is not the Bank of England's original wording, and it is not legal advice. Always rely on the original source.