FX Global Code, SMCR & Ethics – Example Webinar
Course Outline:
Using building blocks of knowledge transfer as well as scenarios and real life experiences we have structured a course specifically for members of the Broker Club. The eight blocks comprise:
Evolution of financial markets towards greater personal accountability
- The evolution towards greater personal accountability
- How personal can personal accountability get?
- Culture change and personal accountability
- Regulators approach to supervision and enforcement
The FX Global Code
- Importance of the Code
- Regulatory Risk Reputational Risk
- Commercial Advantage
- The core principles
The FX Global Code: Ethics Principles 1-3
- Highest ethical standards
- Maintaining high standards of behaviour
- Education
- Non-financial misconduct
The FX Global Code: Governance Principles 4 – 7
- Regulatory perspective
- Good practice
- Your responsibilities
The FX Global Code: Execution Principles 8-18
- Order Handling
- Benchmarks
- Pre-hedging
- Mark ups
- Last look Algorithms
The FX Global Code: Information Sharing Principles 19-23
- Confidential Information Communications
The FX Global Code: Risk Management and Compliance Principles 24-41
- Compliance standards
- Risk management
- Your responsibilities
The FX Global Code: Confirmations and Settlement Principles 42-55
- Settlement risk in FX
- Practical issues
- Your responsibilities