FX Rates
CNY/EUR0.1287
CNY/USD0.1387
EUR/USD1.0773
CNY/JPY20.9275
USD/EUR0.927
GBP/EUR1.1988
EUR/JPY162.4945
Last updated: 1:47:18 PM

FX Market Regulation

Stay informed about the latest regulatory frameworks, compliance requirements, and policy updates affecting the foreign exchange markets globally.

Key Regulatory Frameworks
Essential regulations that impact FX market participants
  • FX Global Code

    A set of global principles of good practice in the foreign exchange market, developed to provide a common set of guidelines to promote the integrity and effective functioning of the wholesale foreign exchange market.

  • MiFID II / MiFIR

    EU legislation that regulates firms providing services to clients linked to financial instruments and the venues where those instruments are traded.

  • Dodd-Frank Act

    US federal law that imposed major changes to financial regulation, including comprehensive regulation of swaps and security-based swaps.

  • EMIR (European Market Infrastructure Regulation)

    EU regulation aimed at increasing the stability of the OTC derivative markets throughout the EU states.

Recent Regulatory Updates
Latest changes and announcements from regulatory bodies

GFXC Updates to FX Global Code (2024)

The Global Foreign Exchange Committee (GFXC) published updates to the FX Global Code following the December 2024 meeting, with changes focusing on strengthening market fairness and transparency.

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ESMA Guidance on FX Derivatives Under MiFID II

The European Securities and Markets Authority (ESMA) issued new guidelines on the application of MiFID II to FX derivatives, clarifying reporting requirements and transaction obligations.

Bank of England FX Joint Standing Committee Updates

The Bank of England's FX Joint Standing Committee released their latest quarterly report highlighting market trends and regulatory considerations for UK-based FX market participants.

Compliance Resources

FX Global Code Statement of Commitment

Access templates and guidance for creating your Statement of Commitment to the FX Global Code principles.

Regulatory Reporting Guides

Comprehensive guides to help your organization meet reporting requirements across different jurisdictions.

Compliance Training Materials

Educational resources to help your team understand and implement regulatory requirements and best practices.