ACI FMA’s Statement of Support to the UK Money Markets Code has been published on the website of the Bank of England.
As longstanding proponents and influencers of ethical conduct and good market practices to all financial markets professionals, ACI FMA strongly supports relevant industry codes, such as the FX Global Code, the Global Precious Metals Code and the UK Money Markets Code.
Therefore, and in order to publicly demonstrate that support, ACI FMA has recently requested to add its Statement of Support to the UK Money Markets Code in the Bank of England’s Public Register for this Code. The document can be seen in this link: https://www.bankofengland.co.uk/markets/money-markets-committee-and-uk-…
We believe that continuous education is key for all Market Participants to learn, adhere and implement the good market practices advocated by the UK Money Markets Code. In order to demonstrate that belief, our ELAC tool (for e-learning, attestation and certification) has content for this Code since its launch in May 2018, in addition to the content for FX Global Code and the Global Precious Metals Code. Therefore, ELAC users can choose all these Codes for their training (or select the ones applicable to their needs) whilst the system remains fully flexible to the requirements of each entity.
We thank the Bank of England for kindly agreeing to publish our Statement of Support in their website, and we remain fully committed to promote global adherence to the UK Money Markets Code as an important industry Code for this asset class.
For more information on ELAC please click on this link: https://acifma.com/elac