ECB and 14 European central banks commit to forex code of conduct

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The European Central Bank and 14 of its European Union peers have signed a statement of commitment to the foreign exchange global code of conduct, while the Bank of England and the remaining members of the European system of central banks will follow suit in early 2018.

“The ESCB wants to lead by example on adherence and adoption of the code. The ESCB central banks’ involvement from the very beginning shows our joint strong commitment to the principles,” says Torsti Silvonen, deputy director

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