Forex code working group liaising with regulators – Debelle
Many regulators are interested in understanding how the code could be used to monitor market activity
The working group established by the Bank for International Settlements to develop a global code of conduct for the foreign exchange market has been liaising with regulators to discern how the code could be used to monitor market activity.
"In Australia, Asic [the Australian Securities and Investment Commission] is very supportive of the development of the code and is considering how it might utilise the code in its market surveillance," said Guy Debelle, chairman of the working group and deputy
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