Central banks agree high-level FX guidance
Updated guidance will provide principles for FX market participants
Eight foreign exchange committees at major central banks have agreed to a set of shared principles that will guide FX trading and conduct across financial centres, in response to the global regulatory enquiry.
The principles provide best practice guidance on execution, personal and market conduct, and confidentiality, and they reflect several of the Financial Stability Board's FX benchmark recommendations.
The document supersedes the Codes of Best Market Practice and Shared Global Principles pap
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