Adherence to FX Global Code

The Bank stands committed to abide by best market practices across its various activities. In this endeavor, it has embedded the Principles of the FX Global Code of Conduct (FXGCC) across its Global Markets & Treasury Management activities.

The FXGCC is a set of global principles of good practice in the foreign exchange market, developed to provide a common set of guidelines to promote the integrity and effective functioning of the wholesale foreign exchange market. It was developed by a partnership between central banks and Market Participants from 16 jurisdictions around the globe.