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Expert Analysis

The FX Global Code And Its Enforcement: What To Expect

By Matthew Kulkin and Micah Green (May 22, 2017, 10:43 AM EDT) -- The long-awaited second phase of the Foreign Exchange Global Code will be released on May 25. Adoption of a global code — for any financial market — is no small feat. Publication of the Global Code marks an important time for the global FX market and should make significant improvements to market confidence, transparency and resiliency. The working groups responsible for the drafting, negotiating and publishing of an FX-specific global code of conduct should be applauded for their hard work and noteworthy contributions....

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