Central Banking

Global forex code is ‘on track’, says Debelle

Work on the code has been “constructive and co-operative effort” from central banks and market participants, says RBA deputy

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Guy Debelle: "All of us recognise the need to restore the public's faith in the foreign exchange market"

The deputy governor of the Reserve Bank of Australia has said the Global Code of Conduct for the foreign exchange market is "on track" to launch in May 2017.

Speaking to regulators in Melbourne on November 11, Guy Debelle emphasised the work to date has reflected a "very constructive and co-operative effort" between central banks and market participants.

"All of us recognise the need to restore the public's faith in the foreign exchange market and the value of the global code in assisting that

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