Statement

Statement by President Dudley on the Launch of the Foreign Exchange Global Code

May 25, 2017

The collaborative work among private and public sector participants to develop a single, global code has resulted in an important set of common standards for foreign exchange markets.  The FX Global Code can help restore integrity and transparency to these critical markets. I welcome and encourage efforts by the industry to implement and adhere to these principles. I look forward to the Global Foreign Exchange Committee taking up the Global Code and ensuring its relevance going forward.

Global Foreign Exchange Committee