BIS commits to FX Global Code

The institution says it is committed to conducting its FX market activities in a manner that adheres with the 55 principles

bank-for-international-settlements
BIS: “The institution confirms it acts as a market participant as defined by the Code”

The Bank for International Settlements announced on May 9 that it has taken steps to align its activities with the 55 principles contained in the FX Global Code of Conduct, which was published on May 25, 2017. 

The BIS says it has reviewed the document’s content and acknowledges the Code represents a set of principles that is generally recognised as good practice in the FX market.

“The institution confirms it acts as a market participant as defined by the Code and is committed to conducting its

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