The FICC Markets Standards Board (FMSB), a standard setting body for the global wholesale fixed income, currencies and commodities (FICC) markets, today announces the appointment of Chris Rich as general counsel.
Rich will join FMSB on 1 April from Linklaters, where he is a managing associate in the Financial Regulation Group. He is currently on secondment with FMSB and will therefore transfer over full-time in April.
In this newly created role, Rich will be responsible for advising FMSB executive management on all legal matters, as well as supporting FMSB members in the development of new Standards and Statements of Good Practice. He will also be responsible for managing all the organisation’s legal and regulatory affairs.
He joined Linklaters in 2011 and has since worked with a wide range of financial services clients, including secondments to RBS, Deutsche Bank and BNP Paribas.
FMSB is a practitioner-led, membership organisation with active participation from 50 corporate, buy side, sell side, markets services and infrastructure providers.
Martin Pluves, CEO of FMSB, says: “I am delighted that Chris Rich is joining FMSB as our first general counsel. This is a very important role for both FMSB and its members as we continue to develop the organisation and work to raise standards in wholesale markets. He has significant experience of working with the financial services sector and in supporting FMSB. I look forward to him joining us in April and supporting our ambitions for 2020 and beyond.”
Rich adds: “FMSB has an impressive track record of partnering with its members and other market participants and has a critical part to play in global wholesale markets. I have been very impressed with the work FMSB is doing and am looking forward to working with Martin, the rest of the FMSB team and member firms to provide them with strong legal support and guidance.”