FX Week to host Code webinar with new GFXC chair and vice-chair June 28

On June 27, the Global FX Committee will meet in South Africa to review progress of the first year of the FX Global Code and agree its priorities for the next 12 months. The gathering comes shortly after the first anniversary of the publication of the Code, which was released on May 25 last year.

At the meeting in Johannesburg, the GFXC will appoint a new chair and vice-chair. It will also review the work of the three working groups it established at the end of last year and will decide on future areas of focus.

The morning after the meeting, at 9am BST on June 28, FX Week is hosting an audio-webinar called The Global Code of Conduct a year on – entering a new phase, with current interim chairman Simon Potter from the New York Federal Reserve and the new chair and vice-chair.

On the day the Code was released, 16 central bank foreign exchange committees agreed to set up the GFXC as the body to maintain the document. Chris Salmon was elected to become the first chair of the public and private sector committee, while David Puth was appointed vice-chair.

Salmon, an executive director for markets at the Bank of England at the time, left his role at t he central bank and therefore the GFXC in March this year to pursue opportunities in the private sector. Subsequently, Potter was named as interim chair until the Johannesburg meeting.

Puth’s tenure as vice-chair is also coming to an end in June.

This event will allow audience members to ask questions in real time and learn first-hand about the priorities of the GFXC, which is tasked with maintaining the FX Global Code of Conduct.

The webinar will introduce the new chair and vice-chair as well as summarise the previous day’s meeting. The panel will update participants on the take-up of the Code and priorities around adherence, look at the progress around last look, and outline progress made by its working groups.

Prospective audience members are encouraged to send in questions to the panel, although a live Q&A will also take place during the webinar. A recording of the event will be available for listening after the live broadcast.

To sign up, please register here.

To view the previous webinar from May 25, 2017, the day the Code was launched, please click here.