This note reviews the work undertaken by the London Foreign Exchange Joint Standing Committee during 2001.
The Foreign Exchange Joint Standing Committee (FXJSC) was established in 1973 under the auspices of the Bank of England, largely as a forum for banks and brokers to discuss broad market issues. The membership of the Committee has grown over the past two years and now includes senior staff from many of the major banks operating in the foreign exchange market in London, as well as brokers, corporate users of the foreign exchange market, and the Financial Services Authority (FSA).
The London Foreign Exchange Joint Standing Committee: a review of 2001