GFXC hopes for Principle 17 decision on November 15

Committee publishes responses to its consultation on last look and will meet to decide on the subject on November 14

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Under examination: the GFXC received 33 responses to its consultation on Principle 17

The decision on whether to tweak Principle 17 of the FX Global Code of Conduct or leave the words ‘likely inconsistent’ intact could be announced as soon as November 15, the day after the Global Foreign Exchange Committee meets in London to discuss the issue.

The GFXC has published the submissions it received in response to the consultation on the wording of the controversial principle relating to the use of client information in the last look window. The central bank-led body launched the cons

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