LUX CB issued circular letter on Bank of International Settlements (BIS) triennial survey of foreign exchange and derivatives markets Apr. 2025.
Context
In Apr. 2022, BIS organized 13th internationally coordinated triennial census of the global exchange and derivatives market; 14th census will be conducted in Apr. 2025.
LUX CB is again associated with this BIS international survey so asks for cooperation.
Survey is to obtain reasonably comprehensive, internationally consistent information on size, structure of foreign exchange and OTC derivatives markets, FX settlements.
Data allows increasing transparency of these markets and help central banks, other authorities, market participants better monitor global financial system developments.
Thus, requests to be informed of activity on foreign exchange and derivatives market during Apr. 2025, in accordance with methodological framework defined by BIS.
Data will be collected by LUX CB and transmitted, in aggregate form, to BIS, whose secretariat will compile and publish data at international level and also analyse it.
The detailed methodology of survey, as well as document to be filled in by entities are available on the BIS website (link provided).
Key Aspects
LUX CB only participates in identification of foreign exchange and derivative transactions carried out during Apr. 2025, i.e. Turnover in April 2025 section (left column) and FX settlements in April 2025 section (middle column).
Documentation referring to section Amounts outstanding at end-June 2025 (right-hand column) should be ignored, since LUX CB does not participate in this BIS survey part.
Entities must download the two Excel files from indicated site to enter own data.
The data to be reported should be sent to LUX CB via SOFIE or E-FILE (refer to appendix for data transmission format).
Effectiveness
Completed files must be submitted by May 30, 2025 at the latest, or inform LUX CB by post if the institution does not have any transactions to report.
