Ultimately the success of the Code in promoting integrity and restoring confidence in the wholesale FX market lies in the hands of its participants. Another aspect of market-based adherence comes through the FXCs.2 FXCs have today issued a joint statement of support for the Code. In due course, adherence to the Code is likely to become a requirement of FXC membership.
Graph 4 G7 – Net Public Debt Per cent of GDP %  %  80  80  40  40  0 1984  1989  1994  1999  2004  2009  0 2014  Source: IMF  Over coming years, many governments will need to take significant steps to improve their public finances.