Mark Yallop on conflicts in fixed income

Banks and their clients need protocol on information sharing, says FMSB chair

Mark Yallop is enjoying a late career shift – one with more than a whiff of poacher turned gamekeeper about it. In his role as chairman of the Ficc Markets Standards Board, the City veteran is trying to get the industry to clean up its act following a string of conduct scandals. As senior adviser to the Bank of England’s Prudential Regulation Committee (PRC), he has a say on efforts to make banks more robust. He’s having fun in both.

The FMSB is an attempt to wipe away the stains left by