Debelle: The FX Global Code

From rba.gov.au

Tonight I will talk about the recently completed review and update of the FX Global Code. The updated Code was released on 15 July.[1] Tonight I will remind you about the important role the Code plays in the foreign exchange (FX) market. I will summarise the parts of the Code that have been updated and talk about the accompanying papers on pre-hedging and last look. FX Global Code The FX Global Code was launched in May 2017. It was a direct and important response to the lack of trust the foreign exchange industry had been suffering on the back of a number of instances of misconduct in the market and the associated ... (full story)