Codes of Conduct
Good practice Codes of Conduct
This page has been established as a resource to provide ACT members convenient access to a range of materials all of which support best practice in treasury operations
The ACT has contributed to the development of two important codes of conduct in the financial markets that have been launched in April/May 2017.
The FX Global Code (overseen by Global Foreign Exchange Committee (GFXC) a sub-committee of the BIS) has been developed principally in response to a loss in market confidence as a result of a number of misdemeanours in the market. It is designed to help restore confidence and promote the effective functioning of the wholesale FX market.
The UK Money Markets Code (overseen by the Bank of England) has been developed to cover activities in unsecured money market deposits, repos and securities lending.