The Bank of England’s Andrew Hauser says that buy-side concerns with compliance remain an issue, with just 11 of the 30 largest buy-side firms agreeing to adoption.
Tag: FX Global Code of Conduct
Chief strategy and development officer at CLS, Alan Marquard, sits down with The TRADE to discuss the buy-side’s increasingly active role in FX settlement, the importance of the FX Global Code of Conduct for the industry, and provide an update on CLS’s recent blockchain projects.
The Bank for International Settlements FX Global Code of Conduct was introduced almost a year ago, with more than 100 market participants committed.
Bank for international Settlements has released the first phase of Global Codes for FX, which has been welcomed by the market.