Bank of England renews its commitment to the FX Global Code

The Bank of England has renewed the Statement of Commitment to the FX Global Code, based on the revised Code dated July 2021.

The Code sets out principles of good practice in the foreign exchange market and by signing it, the Bank of England attests that its internal processes are consistent with the principles of the Code.

To support the objective of the Code for a fair, transparent and robust FX market underpinned by high standards, the Bank of England strongly encourages all market participants, including its regular counterparties, to adhere to and commit to the updated Code.

Harshil Patel