BIS releases final version of GCC

The BIS’s FXWG, led by Guy Debelle, releases the document containing 55 principles for good conduct in FX markets

FXW Australia 17 Guy Debelle 2
Guy Debelle: "All of us recognise the need to restore the public’s faith in the foreign exchange market"
Jesse Taylor Photography

The Bank for International Settlements (BIS) has today (May 25) published the full and final version of the FX Global Code of Conduct (GCC), containing the 55 principles that outline good practices in currency markets, as well as a document setting out the adherence framework for the voluntary set of guidelines.

The final version of the document is organised around six leading principles: ethics, governance, execution, information sharing, risk management and compliance, and confirmation and

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