James Kemp is the Managing Director of the GFMA’s Global FX Division, having established it in 2010. He also established AFME’s Technology and Operations Division in 2016, and more recently took management responsibility for the Compliance, Tax and Accounting Committees which he has merged to form the new Policy Division. He is heavily involved with efforts to enhance industry conduct, having been involved in the Global FX Code work and as a Board member of the UK’s FICC Market Standards Board. He sits on the Bank of England’s FX Joint standing Committee.
The Global FX division has 25 global members - between them accounting for approximately 85% of the global FX dealer market - and is represented in Europe, North America and Asia. Working with key regulators and supervisors, the group monitors policy and regulatory developments to ensure the establishment of harmonised regimes and infrastructure to enable an effective global market for all participants. This same goal exists for the Tech & Ops group across the emerging EU fintech/regtech landscape, while the Policy Division again seeks to ensure practical and consistent implementation across its various priority topics covering compliance and tax/accounting issues.
James has previously been a business strategy consultant at The LEK Partnership; working out of London and Chicago, as well as UK Head of Equities and Fixed Income Products at Reuters. He was the founder and managing director of the financial markets technology consultancy, Stentra, a market leader in FX e-trading, as well as commodities, fixed income and swaps. Six years after the company was established, it was sold to ION Trading.