EIB on why it’s the first supranational bank to sign up to Global Code

European Investment Bank adjusts processes to principles of Code, which is heading for its second anniversary

Bertrand de Mazières
Bertrand de Mazières: the EIB took the publication of the Code as an invitation to look at its FX activities
European Investment Bank

Almost two years on from the launch of the FX Global Code of Conduct, the effort to promote a fair and transparent foreign exchange market has enlisted its first supranational banking institution.

The European Investment Bank – the lending arm of the European Union, and a multilateral lender to public- and private-sector projects – signed a statement of commitment to the Code’s 55 principles towards the latter part of 2018. The statement features on the public registers of CLS and Nex.


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Regulation shifts focus to listed FX

Jens Quiram, global co-head of FIC derivatives and repo sales at Eurex, assesses the state of the regulatory landscape in the FX market and outlines how listed markets offer a viable alternative to increasingly costly over‑the-counter instruments

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