Launched in May 2017, the Foreign Exchange (“FX”) Global Code is a set of global principles of good practice developed to provide a common set of guidelines to promote the integrity and effective functioning of the wholesale FX market. The Code was developed by a partnership between central banks, headed by the Reserve Bank of Australia’s deputy governor, Guy Debelle, and a group of market participants including both buy and sell side, led by CLS’s CEO David Puth, from sixteen (16) jurisdictions around the globe.
Widespread adoption of the Code is vital to the integrity and effective functioning of the FX market. Given its voluntary nature, the Code will only be effective in strengthening conduct standards if all market participants embrace, adopt and adhere to it.
Major topics of relevance to your firm could be:
| ● | How the banks should handle limit and stop-loss orders; |
| ● | How mark-ups should be explained and disclosed; |
| ● | Rules governing the use of FX E-trading platforms including the practice of “last look”; and |
| ● | In what circumstances banks could pre-hedge orders. |
Join the following senior industry speakers as they explain the benefits and obligations of the Global Code to Asset Managers in Singapore:
| ● | Cindy Mok – Executive Director & Head of Department, Monetary & Domestic Markets for |
| Management Department, Monetary Authority of Singapore (MAS); Member of the Bank of | |
| International Settlements (BIS) Foreign Exchange Working Group; | |
| ● | David Ngai – Deputy APAC Head of Compliance, APAC Head of FX and Swap Dealer Compliance, |
| Global Markets, State Street Bank and Trust Company; | |
| ● | Damien Scholefield – Executive Director Compliance, DBS; |
| ● | Jonathan Woodward – Head of Asia Pacific, Transactions Sales, Thomson Reuters; |
| ● | Rachael Hoey – Head of Asia, Continuous Linked Settlement (CLS) Group; and |
| ● | Jimmy Ho – Regional Head of Sales APAC (ex Japan, Korea), Continuous Linked Settlement (CLS) Group |
So, join us and register your attendance now!
| Date: | 31 October 2017, Tuesday |
| Time: | 11.45 am – 2.00 pm |
| Venue: | NUSS Suntec City Guild House |
| 3 Temasek Boulevard, Suntec Tower 5 | |
| #02- 401/402 | |
| Singapore 038983 | |
| Registration: | Complimentary for IMAS members |
A light lunch will be provided at 11.45am. This Talk will start at 12.30pm sharp.
This Talk is exclusive to IMAS members only. If you would like to attend this Talk, please download the “IMAS 20” mobile app at the Apple App Store or Google Play Store to register.
Registrations for the Talk can only be done via the mobile app.
