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Forex markets get global code of conduct

MAS and other central banks welcome set of principles of good practice for wholesale foreign exchange markets

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Published Thu, May 25, 2017 · 09:50 PM

    Singapore

    CENTRAL banks on Thursday launched a code of conduct for the world's foreign exchange (FX) markets to encourage ethical behaviour.

    Called the FX Global Code, it is a set of principles of good practice for wholesale foreign exchange markets around the world. The Code is intended to promote the integrity and effective functioning of the market by ensuring a consistent set of good practices adopted across jurisdictions.

    Monetary Authority of SingaporeCentral banks

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