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Bank of England adds asset managers to key FX committee

Buyside gets a voice in group helping to draw up industry code of conduct for foreign exchange markets

Bank of England adds asset managers to key FX committee
Photo: iStockPhoto

The Bank of England has opened the doors of its FX Joint Standing Committee, which has an important role in drawing up new code of conduct for foreign exchange markets, to a broad range of new participants following a review of the group’s mandate and membership at the end of 2015.

The committee now includes representatives from 29 entities, including banks, brokers, asset managers, corporates, regulators, industry associations and trading and settlement platforms, according to a membership list published on the central bank's website.

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