Sarb publishes first draft of forex code of conduct

sarb-inside
Inside South African Reserve Bank dome

The South African Reserve Bank today (October 19) released the first draft of a foreign exchange code of conduct – though the body that wrote it found no evidence of malpractice or "serious misconduct" in the market.

The Foreign Exchange Review Committee (FXRC), led by James Cross, a former senior deputy governor at the central bank, was tasked with reviewing the foreign exchange market by the Sarb and Financial Services Board (FSB) last year.

The review recommended establishing a unified code

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.