FCA recognises the revised FX Global Code and UK Money Markets Code
Why this matters
This regulatory update from the Bank of England and FCA recognizes the revised FX Global Code and UK Money Markets Code, which are relevant for banking, capital markets, and payments firms. The update covers prudential requirements, operational resilience, and market abuse surveillance, which are important compliance areas for these firms.
AI-generated classification rationale, not a full analysis. Verify with the original BoE source before acting. Full disclaimer.
What the BoE said
The Bank of England welcomes the Financial Conduct Authority (FCA) recognition of the 2024 versions of the FX Global Code and UK Money Markets Code under its code recognition scheme.
Published by BoE . Read the full notice at the source for the authoritative text.
Context
Bank of England (BoE) — UK central bank overseeing monetary policy and financial stability. We track 247 updates from them.
Financial services regulation in the UK, primarily overseen by the FCA and PRA. Browse all United Kingdom updates.
This update is classified under Prudential / Capital Requirements, Operational Resilience / Outsourcing, Market Abuse / Surveillance and Banking & Credit.