Remote Working Creates Market Risks, Financial Body Warns
Law360, London (July 27, 2020, 4:15 PM BST) -- Teleworking regimes adopted by the finance industry in response to the COVID-19 pandemic could threaten the security of confidential information and the tracking of suspicious trades, a body tasked with overseeing Britain's fixed income, currencies and commodities markets said Monday.
The FICC Markets Standards Board — which provides guidance for the markets, known as FICC — has published research showing that remote working under the coronavirus lockdown could damage the security of the sector.
The board has created a so-called risk register — a document listing all potential problems arising from teleworking — to help firms protect the integrity of the fixed income, currency and...
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