The FSB has also published a progress report on reducing misconduct risk in the finance industry. The FSB’s work in this area includes considering whether post-crisis reforms to incentives are sufficient to address misconduct risks, and whether steps are needed to improve global standards of conduct in the fixed income, commodities and currency (FICC) markets, including improvements in the integrity and reliability of benchmarks. The report provides a summary of progress made so far and planned next steps for three of the misconduct risk workstreams. In addition, as part of its ongoing work to address new and emerging risks and vulnerabilities, the FSB will continue to keep under review whether there are any additional misconduct issues with the potential to create systemic risks that should be addressed.