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In London, the Financial Stability Board has announced they will be examining foreign exchange markets. The announcement comes after investigations of manipulation of currency benchmark rates.
The Stability Board appointed a task force, set up by the Group of 20 in 2013. This task force will study the process of calculating foreign exchange rates and examine market practices around those rates.
Christopher Wakem is a London-based legal consultant/contractor who has worked in the independent bar, private practice, and in-house sectors. He has obtained law degrees from the University of Sheffield and University College. Mr. Wakem has provide advice in a wide array of matters, both contentious and non-contentious, through his company Lightbringer Solutions Ltd. Chris has helped companies large and small establish risk management policies, develop start-up procedures, negotiate framework agreements, secure insurance coverage, and deal with Anti-Money-Laundering and Anti-Bribery and corruption matters.