The Bank of England (BoE) has announced it has renewed its statement of commitment to the FX Global Code, based on the revised code dated December 2024. The FX Global Code outlines principles of good practice in the foreign exchange market. By reaffirming its commitment, the BoE attests that its internal processes align with the code's principles. The BoE encourages all FX market participants, including its counterparties, to adhere to the updated code to maintain high standards in the market.
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