EU central banks complete FX Code adoption

Seven additional members of ESCB sign statements of commitment to principles on May 14

global code - web - Getty.jpg
Global Code: central banks have already indicated that counterparties will need to adopt and adhere to the principles

Seven additional members of the European System of Central Banks have issued statements of commitment to the FX Global Code of Conduct – Bulgaria, Croatia, France, Greece, Malta, Slovakia and Slovenia.

They follow 21 other ESCB members that confirmed their adherence to the Code in November 2017 and in February this year.

The latest signatures complete the process of all 28 central bank members of the European Union and the European Central Bank promising to adhere to the 55 principles of best

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