“A U.S. dollar/Hong Kong dollar trade that is done in London between an Australian and a Swiss bank. That is how the fx market trades. So where do you report that?”

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

“A U.S. dollar/Hong Kong dollar trade that is done in London between an Australian and a Swiss bank. That is how the fx market trades. So where do you report that?”

—James Kemp, managing director of the global fx division at the Global Financial Markets Association, on extraterritorial regulatory concerns.

null

Related articles

Gift this article