Regulatory Issues & Conduct

How has FX adapted
to new UMR requirements?

While Phases one to four of UMR targeted large institutions, phases five and six focus on smaller firms with a …

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A review of the changes
to the FX Global Code

As FX markets evolve, the guidelines governing it have to keep pace to ensure fair and transparent markets…

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The FX Global Code: Championing global standards and best practices in FX settlement risk mitigation

There has been a clear trend in FX markets in recent years: the rise in global trading of currencies that do not have payment-versus-payment (PvP) settlement mechanisms, many of them from emerging markets.

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