First phase of a global code of conduct for currency markets published

The Foreign Exchange Working Group of the BIS released the first phase of a global code of conduct for wholesale foreign exchange markets and principles for adherence to the new standards. The complete global code and the adherence mechanisms, which aim to promote the integrity and effective functioning of foreign exchange markets, will be released in May 2017. 

First phase of a global code of conduct for currency markets published:

Download BIS press release