Skip to content

News

Results of the Semi-Annual FX Turnover Surveys in October 2024

One third of European FinTechs faced regulatory intervention due to partner bank
Facebook
Twitter
LinkedIn

In October 2024, 25 financial institutions active in the UK foreign exchange market participated in the semi-annual turnover survey for the Foreign Exchange Joint Standing Committee (FXJSC). The survey results are summarised below. Detailed tables for the October 2024 reporting period are available separately.

Tables 1 to 4 below provide various summaries of the average daily data for October 2024, with comparisons to April 2024.

 

Source: Bank of England

Facebook
Twitter
LinkedIn

Related Posts

Fintech Integrated Managed Service

Why Risk Assessments Fail in Practice

July 7, 2026
Most regulated firms understand the importance of risk assessments. Business-Wide Risk Assessments (BWRAs) and Customer Risk Assessments (CRAs) are well-established parts of a firm’s financial crime framework, helping identify where
Read More >
Protecting Against Money Mules: Insights from the FCA's Review

UK Finance Fraud Report 2026: Payment Fraud Losses Reach £1.28 Billion

June 22, 2026
UK Finance has published its Annual Fraud Report 2026, revealing that criminals stole £1.28 billion through payment fraud in 2025, a four percent increase on the previous year. Despite significant
Read More >