Focusing on the future of conduct

James Kemp: "We are turning a page to a new forward-looking era for the FX market"

- James Kemp, managing director of global FX division, GFMA
- 23 May 2017

We have come a long way since the misconduct fines in 2013. Four years on, regulators and firms have done much to identify enhancements to controls, with the goal of ensuring good conduct, transparency and accountability are at the forefront of operations. This includes the introduction of a market-wide initiative called the FX Global Code of Conduct, the final phase of which goes live this week.

Many of the principles established in the Code have been developed in direct response to past

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