Coalition Greenwich has recent published new research revealing that over half of corporates surveyed in their latest report are unaware of the Code entirely. A majority of respondents suggested that they either don’t consider themselves active enough in the FX marketplace or that there is no benefit. Education about the code, and FX market structure, is therefore key to boosting adoption.
Some of the reasons cited by those who are adopting the Code include high governance standards, fostering a level playing field between corporates and their banks, and improving both internal and external operating procedures related to foreign exchange.
The FX Hub is pleased to offer information to corporate around how adoption of the Code can make a significant difference, as well as various best practice FX case studies from leading treasury departments globally.
