BoE’s Salmon warns forex industry on adherence
Regulation could be on the horizon as soon as 2020 if market participants don't adhere to new Global Code
Prescriptive regulation could hit foreign exchange (forex) markets as soon as three years after the publication of the Global Code of Conduct, if market participants fail to adhere to the voluntary set of principles aimed at eliminating systemic conduct issues, Chris Salmon of the Bank of England (BoE) tells FX Week, one of CentralBanking.com's sister publications, in an exclusive interview.
The Global Code of Conduct is set to be published in May 2017, after which it's likely that thorough
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