All posts tagged "FX Global Code"
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176FeatureHKMA Directs Banks to Observe Latest FX Global Code
Banks are expected to review their practices to ensure observance of the FX Global Code and renew the Statement of Commitment by 15 July 2022.
December 21, 2021 -
842Asia-PacificPhilippine Banks Adopting Global Best Practices in FX Settlement
Jimmy Ho and Sammie Chan discuss Metrobank’s adoption of PvP settlement and how it reflects a broader trend in the Philippine banking industry.
September 14, 2021 -
252Australia & NZGFXC Calls for Greater Transparency in Global FX Market
The GFXC is providing templates for disclosures on algo due diligence and TCA data, as well as disclosure cover sheets for liquidity providers and electronic trading platforms.
August 25, 2021 -
656Contributed ArticleMitigating FX Settlement Risk in Japan’s Pensions Industry
Margaret Law and Makoto Miyazaki discuss the need for Japanese pension funds to adopt PvP settlement to mitigate FX settlement risk.
May 6, 2021 -
2.2KFeatureGFXC to Complete FX Global Code Review by Mid-2021
Among the key issues in the FX market has been settlement risk, given the increasing number of trades being settled without PvP protection, says RBA deputy governor Guy Debelle.
October 23, 2020 -
2.9KContributed Article
About Half of Global FX Market Exposed to Settlement Risk
Without immediate action, FX settlement risk will continue to accumulate and introduce vulnerabilities into the global financial system, says Margaret Law at CLS.
October 16, 2020 -
570InternationalBuy-side Adoption of FX Global Code Lagging: BIS
More needs to be done to bolster buy-side adoption of the FX Global Code, says MAS deputy managing director Jacqueline Loh, who also chairs the BIS Markets Committee.
January 31, 2020 -
607ChinaChina Issues Revised Trading Rules for Interbank FX Market
The rules are intended for both domestic and foreign institutions, in line with recent draft rules from SAFE that sought to allow foreign firms to trade RMB foreign exchange derivatives.
December 12, 2019 -
833Asia-PacificBOT Solicits Comments on Draft ‘Thailand FX Code’
The BOT invites wholesale FX market participants to comment on a draft 'Thailand FX Code' by 25 November.
October 27, 2019 -
892JapanNomura AM to Provide CLS Settlement to Japan-Based Funds
Japan funds to have access to CLS Settlement through Nomura Asset Management in a move to enable PvP settlement and adopt best practices promoted by the FX Global Code.
February 20, 2019
