FX Global Code of Conduct

The MBA has finalised the inception of its Public Register in relation to the FX Global Code of Conduct, which is available on our website. The FX Global Code contains a set of global principles of good practice in the foreign exchange market, which have been developed to provide a common set of guidelines promoting the integrity and effective functioning of the wholesale foreign exchange market. The MBA’s Public Register regroups the Statements of Commitment of all banks that have adhered to the FX Global Code. The objective of hosting such a Register is to promote the Code’s widespread adoption by foreign exchange market participants and provide further visibility to adhering banks vis-à-vis international investors and other stakeholders. This will eventually be linked on the Global Foreign Exchange Committee’s Global Index of Public Registers, after the requisite approval. The Global Index is a repository of Public Registers around the world and 16 such Registers have been admitted so far.