Minutes of the London FXJSC Operations Sub-Committee Meeting – 16 June 2026

For financial services executives, these minutes offer valuable insight into the operational priorities and supervisory thinking shaping the UK FX market. While the minutes do not introduce new binding rules, they signal areas of ongoing industry and regulatory focus, such as operational resilience, settlement risk, and adherence to the FX Global Code. Compliance and operations teams at banks, brokers, asset managers, and market infrastructure providers should review the minutes to benchmark their own FX operational practices.

Key actions include assessing current FX workflows against any issues raised, updating operational risk assessments, and ensuring robust controls around trade processing, settlement, and technology dependencies. Firms may also wish to engage with industry working groups and monitor for follow-up guidance. The minutes underscore the importance of maintaining high operational standards and could inform internal audits or supervisory conversations.

Overall, this is an informational publication with low immediate urgency, but it provides useful intelligence for proactive risk management and strategic planning in FX operations.