All of us recognise the need to restore the public’s faith in the foreign 4/5  BIS central bankers' speeches  exchange market and the value of the Global Code in assisting that process and also in helping improve market functioning and confidence in the market.
Let me finish with three things to take away with you: Read the FX Global Code when it is released on 25 May. Adapt your business where appropriate to conform to the principles of the Global Code. Ask your FX counterparties whether they are committed to the principles of the Global Code. 1 See <www.bis.org/mktc/fxwg/gc_may16.pdf>. 2 See <afxc.rba.gov.au/>. 3 See <www.bis.org/press/p150511.htm>. 4 See <acifma.com/news-detail?page=1%2C0>.