The European Association of Corporate Treasurers (EACT) has published a statement of support welcoming today’s publication of the Global Code of Conduct for the Foreign Exchange Market . The statement reads:
“We strongly support the Code and its objective of strengthening the integrity and the effectiveness of the FX market, which is essential to corporate treasurers.
We support adherence to the Code by the FX market and intent to promote the Code to our members, by encouraging them to evolve their companies’ FX practices to be consistent with the principles of the Code.”
Click here to visit the EACT website.