To that end, one of the guiding principles underpinning our work is that the Code should promote a robust, fair, liquid, open, and transparent market. A diverse set of buyers and sellers, supported by resilient infrastructure, should be able to confidently and effectively transact at competitive prices that reflect available market information and in a manner that conforms to acceptable standards of behaviour.
•  Subject to these legal requirements and restrictions, the CBBH is completely independent of political influence. Monetary policy •  Monetary policy is the CBBH’s most important function. •  The CBBH operates monetary policy through a strict currency board arrangement, which is stipulated in the CBBH law.