The Financial Markets Standards Board has published its 2026 workplan, setting out a proposed programme of work across its five Committees and a newly established buy-side forum. The plan targets processes and behaviour in wholesale financial markets, focusing on conduct-related or operational issues that could affect market fairness or effectiveness. The proposed topics aim to reduce uncertainty and ambiguity in prevailing market practices, bridge gaps between regulation and evolving market practices or structures, identify and respond to emerging market threats or trends, and strengthen the convergence of international market standards. Priority areas referenced include AI in trading, non-financial risk and misconduct, and digital identity. FMSB’s Standards Board will determine the relative priority of potential topics and whether to form Working Groups as 2026 progresses. The workplan is expected to be updated mid-way through the year, and additional topics may be added if Members elect to prioritise them.